1HFY23, $45.9m revenue, $5m EBITDA2HFY23, $56.9m revenue, $12.6m EBITDA=$17.6m EBITDA for FY23.total 17% EBITDA from $102.8m revenueIf we can get this back to the 22% EBITDA from FY21 & FY22; whilst growing revenue rapidly as we have in the past with solid margins (FY21 = $22.5m revenue & FY 22 = $73m revenue) then things are looking impressive. Hopefully able to pass on higher margins to operators throughout FY24 as we did in 2HFY23.
Looking forward to the repurposing idle equipment and asset redeployment in 1H FY24 & earnings likely realised in 2H FY24; along with the focus on debt repayment in FY24 to set up for potential acquisitions or shareholder returns.
Ann: Investor Presentation - FY23 Results, page-8
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