BEX bikeexchange limited
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News: BEX Bikeexchange Posts 17% Increase In Lookthrough Total Transaction Value To A$8.2M For Q2

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    31/01/23
    19:55
    Post #: 65988127

    Jan 31 (Reuters) - Bikeexchange Ltd (BEX) :

    • 17% INCREASE IN LOOKTHROUGH TOTAL TRANSACTION VALUE TO A$8.2M FOR Q2 FY23
    • EMPLOYEE COSTS ARE EXPECTED TO REDUCE SIGNIFICANTLY OVER REMAINDER OF FY23
    • Q2 FY23 RECEIPTS FROM CUSTOMERS WERE A$10.1 MILLION , UP 17%
    • BIKEEXCHANGE CONTINUES TO TARGET POSITIVE OPERATING CASH FLOWS IN Q4 FY23
    • DECREASED ANNUALISED COST BASE FOR FY23 BY A$4 MILLION OR 43% COMPARED WITH FY22
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