It seems someone was mesmerised by the symetry of the Bridge diagram...hence the wide HY ebitda forecast band accompanying it.
I trust more thought went into the CEO/Chair's lettert to shareholders in the HY Report, which states "Considering the variables and improvements above, we expect to achieve 2HFY24 EBITDA in the range of $5m -$6m."
This would certainly reflect material growth in revenue.
Good to see the core licensing services perform well and mention of ongoing tailwinds.
But we need to see that flow through to cashflow. Hoping 'one-off' costs for sales/purchases/restructuring will be minimal by then - would anyone like to comment on that?
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It seems someone was mesmerised by the symetry of the Bridge...
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