KBC keybridge capital limited

Bit more from YOW quarterly - KBC loans Financial and Corporate...

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    Bit more from YOW quarterly - KBC loans

    Financial and Corporate Overview
    • Group net sales for Q3 FY25 was $3.95m down 23.0% versus prior year, with the Ernest Hillier operations generating a profit for the quarter.

    • During the quarter, Yowie called in its loan facility with Keybridge Capital Limited (ASX: KBC). On 9 February 2025,Keybridge appointed a voluntary administrator, with the administration ending on 8 May 2025, based on a funding facility provided by Keybridge’s largest shareholder, WAM Active Limited. Yowie is a major creditor of Keybridge and continues to pursue full recovery of the loan balances outstanding (which are currently approximately $4.15 million) and is actively assessing a range of capital management options. Yowie will continue to monitor developments and will update shareholders as further information becomes available
    Last edited by Teddyward: 27/05/25
 
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