SW1 0.00% 1.4¢ swift networks group limited

Ann: Preliminary Final Report, page-4

  1. 1,612 Posts.
    lightbulb Created with Sketch. 1845
    Hope you are right about them "cleaning the decks so we can grow profitably" going forward - because we said exactly the same thing last year

    SW1's underlying EBITDA (excluding one off costs) looked to be similar to last year - but the overall loss number was still awful.

    COVID aside, there can be no more excuses going forward - Pippa & Darren & Team firstly need to get SW1 to cash flow positive ASAP (which they predicted they would do before this years CR), and then they need to get SW1 to profitability.

    Now that Victoria seems to have their COVID numbers back under control, we really need some new (profitable) contract wins in both the resource sector & the aged care sector.
 
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