BUD 0.00% 0.6¢ buddy technologies ltd

Ann: November 2021 Monthly 4C ASX, page-8

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  1. 8,751 Posts.
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    The November EBITDA of $221k almost covered the interest costs of $232k for the month. Repaying the principle will obviously be more difficult.
    They will probably need a CR at some stage, but they are a better chance of getting a CR done if they are consistently EBITDA positive. Margins of 47% and reductions in expenses gives them a chance.


 
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