- EBITDA loss of $2.6m
- Revenue down 5% on pcp
- Staff redundancies
- Major packing contract expires on 31 Dec
- $22.2m of debt at 15%pa for the bulk and 20%pa for additionally drawn tranches
- ATO taking recovery actions on $4.7m owed
- Sale and Leaseback fell through (lol wtf)
- 0.8 qtrs of cash at hand
"Yes, Company expects to be able to continue its operations and meet its business objectives"
They should bottle up and sell some of this blind optimism and then the company might not be going under
Ann: FY25 Q1 Quarterly Activities Report and Appendix 4C, page-2
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