Originally Posted by
simla
Brilliant. Their first genuinely reported profit ever, even if only half year so far and not yet audited. Further, I would take the EBITDA as the more meaningful figure given the unimportance (in my mind) of depreciation for Blis and the absence of debt, which is presumably on track for $1.5m annual.
Haven't changed their forward guidance, but have already exceeded the 0.7m profit track. Looking very nice so far. Also, Blis tends to sell better in winter (in my memory) and the northern hemisphere winter is still coming, so no knowing where that will lead.
Also they hint that the value of the NZD has impacted to their disadvantage, so good to get the result regardless of that.