What they're not telling....The news: IPO hopeful Guzman Y Gomez reported a jump in sales during the half to December 2023, but more than tripled its net loss compared to a year earlier.
The numbers: Group network sales reached $471 million in the six months to December, up 31% year on year. Australian sales rose 31% which contributed $439 million to the total. Underlying group EBITDA increased 64% to $21.2 million.
However, the fast food chain extended its statutory net loss after tax from $1.1 million to $3.9 million compared to the prior corresponding period. One-off income and expenses totalled $4.6 million, up from $1.1 million.
What they're not telling....9:51am on 28 February 2024The news:...
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