The interest occurred on the new loans will be a guaranteed cash burn however necessary for cash flow.
Bubs overall track record hasn’t been great.. just look at the graph however the new Management thus far have delivered on everything they said they would.
Im Backing the New Bubs management not the train wrecked from the old Management.
No one here can deny the results 2023 Cash burn 100m to 2024 Cash Burn 20m. Some would argue a loss is still a loss, however with current growth in sales results less one off costs, hopefully less marketing spend break even or even little Green end FY25.
Im still remaining optimistic. FY25 first Quarter will give us a good guide
BUB Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
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