they did not make 1.6B in EBITA.........1.6B was their forecasted revenue
They are forecasting 160m to 180m EBITA which means they will likely make a negative profit after tax this year.
The numbers are not good. Their NPAT will likely be negative.
TSEG is basically spending more than they are making. They need to cut remediations consultants. Which is a large portion of the 90m operating costs per month they are flagging.
it is utter dire straights right now.
News: SGR Star Entertainment Sees FY24 Normalised Group EBITDA In Range Of A$165 Mln To A$180 Mln, page-23
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