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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