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28/02/23
11:47
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Originally posted by LongTony:
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It would be good to get an explanation of the $6.4M (i.e. 75% increase in labour cost) that seems to be a very big factor in wiping our the impact of the extra revenue - how do they see that number going forward. Regardless there seems to be good drivers for their target EBITDA and I'm hoping we can get to some impressive results and a share price of about $2 over the next two years. I've sold 75% here and covered my lifetime cost of beer but I'd like the rest to perform well for a sale or dividend stream so I feel relaxed about future beer consumption.
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Yep, a $6.4m increase from a base of $8.7m is hefty. im thinking it's a combination of marketing teams and hospitality?