MOZ mosaic brands limited

You need to go to Specsavers. They paid down $11m of debt in the...

  1. 47 Posts.
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    You need to go to Specsavers. They paid down $11m of debt in the quarter, but their cash and cash equivalents dropped from $42.7m at the beginning of the quarter to $14.1m at the end. Operating cash flow was negative, investing cash flow was negative and financing cash flow was negative.
    Ezibuy was bought from the major shareholder in the June quarter for $11m. Ezibuy sales in the September quarter were down 42% against the prior year. No reason given.
    No profit guidance in the release. Wow, for sure.


 
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