Trading update 30 June 2020Isentia expects underlying EBITDA...

Trading update 30 June 2020
Isentia expects underlying EBITDA (including North Asia and pre AASB16) in FY2020 to be in the range
of $20m to $21m. Although COVID-19 has disrupted many of our customers’ operations, the essential
nature of Isentia’s products and services, especially during a crisis, has mitigated the impact of the
pandemic on the business. Isentia has also benefited from the early implementation of cost saving
measures as well as the acceleration of existing cost management programs. As a result, Isentia’s
financial position remains strong with good cash conversion from underlying EBITDA and significant
headroom on its existing $47.5m bank facility which does not expire until 31 July 2021.
Mr Harrison said: “In recent months, the value our customers place on our products and services has
been reflected in the increased utilisation of our Mediaportal platform. Our incredible team has worked
hard to ensure that our clients received the most up-to-date and relevant media intelligence to support
their decision-making during this critical time.
“As we enter a new financial year, the Board and management remain focused on the successful
execution of our strategic plan and will continue to invest in product and technology to deliver superior
customer outcomes and drive earnings growth across Australia, New Zealand and South-East Asia.”


their strategic plan is to sell the company on the lowest, what a fuxxing bastard !