MXO
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5.88% 1.8¢ motio ltd

Ann: Half Yearly Report and Accounts, page-2

  1. Fatporka
    498 Posts.
    lightbulb Created with Sketch. 26
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    01/03/23
    18:42
    Post #: 66545538
    Good turn around of the business thus far, excited to see FY23 results; on the OML cafe acquisition they stated

    ”We are very pleased to have been able to acquire these networks through non-dilutive funding provided by oOh! Media with interest-only payments for the first 12 months.Unlike the significant capital requirement of the Medical Media acquisition, these networks are in decent shape and require only minimal investment of capital (~$250K)”.

    Hopefully translates to positive cashflow for the year.
    MXO Price at posting: 4.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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