Looks like they'll probably track to lose money in FY2024. Though -9% is probably better than expects.
They've stemmed the Mocka bleed at least, -24% last year and -2% this year.
I'd be concerned with their debt levels the cash balance there could be a recapitalisation event - which might be priced in already.
Ann: ADH - AGM Presentation FY23, page-2
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