Agree, good that we are solidly cashflow positive.
Company has been promoting this regularly, but market hasn't seemed to care much.
From the AGM:
- FY24 normalised EBITDA now expected to range $3.1M-$3.6M
- Higher cash balance expected in FY24 despite CAPEX for new innovations and arbitration costs
- Positive operating cash flow outlook from ongoing unwinding of trade working capital
- CAPEX of circa $3M in FY24 for development of two new innovations
The market isn't going change its view of Beam until the JV position is sorted, which may require more capital.
Agree, good that we are solidly cashflow positive. Company has...
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