I suggest we need to be mindful that we could be in for one hell of tree shake come report time.
We are not profitable yet and will book in a loss this coming report.
In Q2 we booked in a $2.9m EBITDA loss on $55m revenue.
Make no mistake there is still alot of work to do.
I am guessing HY result EBIT will be $12.5-15m in the red. Instos will know it but punters might not.
Those playing the HY report might be left a little disappointed - results are known
FY24 is consolidation and valuation is abit of a joke - guidance and 3rd qtr result will be important but FY25 guidance is where it is at and we won't get that until March 2025.
Just saying.
Get Ready for $2, page-4
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