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The 2.65M loss from FY19 includes 918k of of Depreciation. So...

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    The 2.65M loss from FY19 includes 918k of of Depreciation.

    So EBITDA H1 FY19 is a $1.74M loss.

    $3M+ improvement on this a profit of $1.26M for H1 FY20

    Q2 is slightly better than break even in that case.


 
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