The debt level is always materially higher in the first 6-months due to the need to hold higher stock levels - Their business and customers purchases are seasonal. It reduces thereafter annually.
H1 was higher this year, but the board seem confident it can be brought back in H2 without the need for a raise.
For example H1 last financial year their debt leverage was 3.6x underlying EBITDA, by full year end it was 2.0x.
The debt level is always materially higher in the first 6-months...
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Last
$2.38 |
Change
0.000(0.00%) |
Mkt cap ! $911.4M | |||
| Open | High | Low | Value | Volume |
| $2.38 | $2.43 | $2.36 | $6.169M | 2.582M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 84709 | $2.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.41 | 27829 | 3 |
View Market Depth
| Last trade - 16.10pm 18/06/2025 (20 minute delay) ? |
| NUF (ASX) Chart |