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Looking further into 2023 H1 report- interest payment was 1.196M...

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    22/07/23
    23:24
    Post #: 68928906
    Looking further into 2023 H1 report- interest payment was 1.196M and operating expense was 8.24M.
    Two things stand out in this- operating expenses have not meaningfully changed between H1 and H2, at best stable. Interest payment would be at least 2.3M. Is it fair to say, for them to achieve profitability, it has to come mainly from increased revenue and margin? Even if the gross profit increases by 30% in FY2024, they are still likely to make a loss. @RedWolfUW, would be keen to know your thoughts on this
    QFE Price at posting: 6.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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