Re: Financial Year to 31 October 2022 : Fri Aug 18, 2023 7:45 am
Maverick Rhino wrote:
To echo this, am I correct in stating 2017 was the last year they posted a profit?
No, they made a profit in 2019 as well despite having to pay off Furner.
Given the heavy depreciation load in the accounts now they will probably be focussing a bit more on EBITDA than net profit, compared to maybe how they did in the past. And they are getting closer to break-even at that level now, 2022 being -£309k if I've done my sums right.
