EBITDA Margins for FY22 were:
Omniblend (Aust CM): c.8%
Brands: Negative 100% ($2.5m losses)
NZ: c.8.2%
Group consolidated include HO: Negative, normalised EBITDA margin of c.3.6%
Going forward Management expect Brands to make a positive EBITDA contribution and THM is currently “profitable and growing” per the AGM.
I’m anticipating a FY23 EBITDA in the region of $6-$9m on $90-$100m revenue, so a group consolidated EBITDA margin of around 6-10%.
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