The EBITDA story is all about costs at the moment, not revenues. They flagged in the previous update that H1 was going to be flat EBITDA (because of all the marketing spending, despite revenues spiking) and H2 was going to be the kicker. Now we wait...
But I do hope there are some more good news stories planned between now and then, because 6 months is a long time for the stock to drift again.
Ann: H1 FY23 Results, page-9
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