GDA good drinks australia ltd

Ann: FY24 Results Update, page-3

  1. 6 Posts.
    Strong Result in a difficult market, shows the strength of GDA.
    Solid growth in volumes across all segments, particularly the GDA brands which is now a significantly larger contributor and is known to be higher margin business.
    Underlying EBITDA up 86.4% if you account for Redfern write down and previous year sale of gaming licenses for 1.6m.
    I'm excited for the year to come with a full year contribution of sunshine coast, additional Rekorderlig cider contract and a lot less competition in the market.
    No significant capex projects planned for the coming financial year will see a significant accumulation of cash.
    Gives me confidence that management have just recently topped up also.
 
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