So:
- 1H24 Revenues of 75.6m and gross profit of 43.3m
- 2H23 expenses of 36m or 32.6m excluding Depr, Amort, Finance costs (interest)
So they need Gross profit of ~22m & revenues of ~40m at a margin of 55% to be EBITDA positive for FY24
Last year they did revenues of ~35m in 2H23.......so a little work to do to get there although they have done ~5m increase in 2H for the last 3 years.......lets hope that NZ and UK start pulling their weight and contribute!
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