In FY20 annual report, Adjusted EBITDA was 49.7m
In 2HFY21 report, it was projected as 90% YoY increase, so will be 94.43m
but in April's biz update, said Adjusted EBITDA declined by more than 24%, so 94.43 * 0.76 = 71.77m (as more than 24%, so 71.77m is the max)
Today's May biz update, said:
'The Company’s best projection for FY21 Adjusted EBITDA is in the range of $58 million to $63 million'
From 71.77m to 58m ~ 64m, it is about 10% ~ 19% down
Ann: May 2021 Business Update, page-21
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