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News: AMS Atomos Posts HY Unaudited Underlying EBITDA Loss Of Circa A$11 Mln

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    01/03/23
    12:30
    Post #: 66535882

    March 1 (Reuters) - Atomos Ltd (AMS) :

    • HY UNAUDITED UNDERLYING EBITDA LOSS OF CIRCA A$11M
    • HY UNAUDITED REVENUE OF CIRCA A$21M, DOWN CIRCA 50%
    • MAY NOT RETURN TO PROFITABILITY UNTIL FY24
    • MANAGEMENT’S CONSERVATIVE PLANS SHOW INVENTORY UNWINDING THROUGH FY23 AND FY24 AND REPAYING ITS EXTERNAL DEBT
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