Pretty underwhelming set of results IMO. Revenue slightly down on the PCP, EBITDA only break even (or a slight positive if you accept their add-backs) and cash flow would have been negative were it not for the loan from JG. Plus there's the prospect of further lease break costs from one of the Coffs Harbour stores and any others that are underperforming.
At least they're sitting on $1.2m of cash so they can keep on operating, but the current quarter will be critical given the pain being suffered in retail/consumer land at the moment.
Looks like those fibonacci gap analysis parabolic logarithmic sine cosine tangent curves on the chart that were supposed to take the share price to 10-20c haven't happened yet...
Pretty underwhelming set of results IMO. Revenue slightly down...
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.729M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 43413 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 223877 | 1 |
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| Last trade - 10.06am 10/07/2024 (20 minute delay) ? |
| OLI (ASX) Chart |
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