Most losses came from Brands which have been discontinued (SC Puree / cubes). The NZ and AU facilities for private labels are EBITDA positive and these margins are improving further as volume ramps up with all these new contracts. The company has 10m combined cash at its disposal to make ends meet.
I would refer to TEP's chart to view the margins for breakeven point / fair value
Most losses came from Brands which have been discontinued (SC...
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Mkt cap ! $2.805M | |||
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| HLF (ASX) Chart |
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