at h1fy24 they have reported cash position of around $22m. it is significantly lower than last year due to the acquisition. i believe there are only 2 more earning out to be paid out which is a couple of millions at most. sales didn't decline, the gross margin did. they are still in a comfortable financial position but not wonderful though. neg NPAT? the current state is not as bad in 20/21.
News: MHJ Michael Hill International Says For First 45-Weeks Sales Were Up 4.7%, page-42
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