Originally Posted by
Left field
Not quite the result I had been hoping for....
EBITDA down 19%. Operating Profit down 29%. But here's how the company views it;
• 19% growth in revenue over H12018 for the Vista Group core businesses – Vista Cinema and Movio.
• 16% growth in EBITDA over H12018 for the Vista Group core businesses – Vista Cinema and Movio.
• 35% growth in revenue for Movio over H12018 to $11.6m, resulting in 42% growth in EBITDA over H12018 to $2.3m.
• 12% growth in Vista Group consolidated revenue over H12018 to $67.5m.
• Vista Group EBITDA of $11.8m reduced 19% over H12018 impacted by a decline in movieXchange revenue, reduction in Vista China localisation revenue and adverse comparative FX.
• Vista Group profit before tax of $6.2m.
• Vista Group well positioned to capitalise on future opportunities with $24.8m available cash balance.
• Vista Group to pay a fully imputed interim dividend of 1.2 cents per share for H12019 on Friday 27 September 2019 – the top end of the dividend policy range.