EVS 1.96% 5.0¢ envirosuite limited

Yes I believe it is. JC mentioned they are keen to pick up more...

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    Yes I believe it is. JC mentioned they are keen to pick up more sites in the Q3 presentation which can be accessed through Investor relations on the Envirosuite web site if you’re interested. I think the issue was the time it was taking to initially get things set up which now takes under a month from memory. I gather it has been experiencing teething problems from introduced new technology in set up times which has now been resolved from my understanding. So hopefully we’ll now see faster rolling out and uptake of this new technology and the company becoming profitable by Q3 2024. I’m not going to get into debates with other HC users about the timing for this company becoming profitable. Obviously some people are very skeptical about the company’s prospects so let’s see how things unfold. With rising interest rates the company was intelligent enough to reduce debt to 0% so interest on borrowings is currently not an issue in regards to EBITDA, cheers
 
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