Probably because of seasonality effects (sales were usually higher in the first half of the calendar year).
I asked this questions and Dr. Bob's answer was basically that we are a lot more diversified now and things such as Alexicool for Foam will offset that effect and enable positive EBITDA by q4 this year. You'll probably be able to hear the full answer once the audio becomes available.
I also asked about the loan facility, interesting that J. Lewis said that they meet with that creditor on a regular basis and are discussing the facility going forward, would love to see a new facility with better conditions
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