Pros: - Significant margin improvement - July revenue growth of 7% and cash flow positive - Ambition to pay down debt and start paying dividends given unused franking credit balance - More cost savings to come in FY24 accounts - Forecasting growth in EBITDA and free cash flow for FY24 - Healthy pipeline of new opportunities
Cons - 2% revenue growth for FY23 - Big goodwill impairment from the Vault disaster
DTC Price at posting:
13.0¢ Sentiment: None Disclosure: Held
