Group EBITDA for the first 9 months was $20 million.
For the full year, my guess is EBITDA is $26 million, depreciation is $7 million, finance costs are $21 million, for a $2 million net loss (excluding impairments).
Moving forward, inflation should increase AJ Lucas's revenue while the debt stays the same. And AJL may use some of the $20 million in cash to repay debt, reducing finance costs next year. I expect a small profit next year.
AJL Price at posting:
1.4¢ Sentiment: Hold Disclosure: Held
