Hi guys,
I'm new to BidEnergy amd came across it thanks to Livewire. A fund manager on Livewire made the claim that BID is near profitability, however this doesn't make sense to me. I read a FY19 fin report from earlier this year and BID's NPAT was in the order of -$4.5m (on approx 9m revenue). EBITDA was -$3.9m (after income tax benefit). Can someone help me understand how the FM from Livewire might have concluded that BID is near profitability?
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Livewire claim: near profitability for BID
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