Omniblend was expected revenue of $30m with EBITA of $2m something for FY19.
$8.7m for the last quarter is pretty good. I would expect we push to at least $10m per quarter based on their wording going forward ... then it comes down to where the break even point is on the margins.
Need to focus on sales now. Forget more big spending to diversify the product range. Baileys type thing is ok but want to see the concept proven to profit, not just flog more product.
KTD Price at posting:
29.0¢ Sentiment: None Disclosure: Held
