XJO 0.06% 7,827.0 s&p/asx 200

Weekend Charting & Chat, page-43

  1. 1,084 Posts.
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    @Alfredra

    Job keeper only covered about 50% of my wages bill.. I still have to find the other 35-40K a week.

    BAS relief programme/Cash flow boost, reduced the sum of my last 6 BAS's by 100K, which was very welcome, but at my scale, not super meaningful.

    My EBITDA went to like 20% of 19's result (even with the above 2 measures) in APR-JUN qtr.

    Haven't finalised last qtr yet, but EBITDA prolly now about 60% of last year, on sales of about 80% of last year, so no more JK for us, and the cash flow boost programme finishes now also.

    So you must hang out with different people to me..

    Small sole traders, and low income earners might well be in that "more cash than ever" category, but not the business owners that I know.





    Last edited by woomp001: 12/10/20
 
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