I just got in. Reminds of ISD some years ago. Both operated in similar field, both were darlings, then fell hard and both recovered slightly. ISD got taken out by PE 3 years ago. Would not surprise me to see the same thing here.
crazy numbers reported but keep in mind they said H2 won’t be as good both revenue and expenses. Even if they break even it will be a good result.
bit confused though how you can have NPAT higher than EBITDA,
Ann: FY24 Half Year Results Presentation, page-10
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