Rosewarne said for the month of June, the company went back to break even, followed by incremental gains in EBITDA in July of $1.3m continuing into the second half, with August at $1.6m. The company's operating EBITDA came to $3.3m, compared with $7.1m in the previous corresponding period.Ĭhief executive Grant Rosewarne said the company returned losses in its first four months, which were more than fully offset by closing out of excess foreign exchange contracts. Revenue came to $80.1m, up from $67.0m in the first half of 2021, reflecting clearance of excess inventory and a recovery in sales. ![]() The company said the effects of Covid-19 disruptions had been largely overcome with the exception of freight availability and cost.
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