Yes - that is how I read it.
"Veris Group EBITDA2 was $1,552,000 for the period (1H FY19: $1,842,000) being a 16% decrease on the prior corresponding half. EBITDA normalised for the adoption of AASB 16, Leases results in an EBITDA loss for the period of ($801,000) 143% decrease on the prior corresponding half."
2018 would also have been restated based on AASB 16.
They are trying to also highlight the $3.2m loss from discontinued operations as a non recurring item...I haven't worked out if that is the Elton loss on sale or discontinued surveying/aquora operations. If it is Elton they need to also add back the $900k dividend Elton was supposed to pay Veris Group.
