As expected, a terrible set of numbers. HOWEVER, the second half of FY 24 ( June 30 ) is expected to be EBITDA positive. Cost cutting and on hand orders plus the Ohio Xtclave being finalised should aid with much larger revenue numbers in the next few months.
Total equity of $28m and current market cap at $15m , the bad news is more than fully priced in. I guess the question for Mark is, can they get through using the facility and avoid a CR at these crazy levels. !!!!
As expected, a terrible set of numbers. HOWEVER, the second half...
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