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  1. #7621
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    Got a bit excited when I saw the appt of new CEO. Fresh set of eyes is always good. Did a little diving into the new fellas past experience. Looks like a good steady hand but came into most of his roles after post big growth such as Go Healthy after they sold out to the Asians. Must have actually been brought in by the Chinese outfit. Which is good thing, maybe he'll know how to monetise that market. Share Market not very excited though. Kind of feels like Brian Watson 2.0...Shares down almost 20% on low volume since appointment. Would have thought they would have jumped 20%. Everyone must be selling a few shares in all their "low hope companies" to help pay for xmas .....

  2. #7622
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    A profit......what does $0.3m EBITDA work out per share after tax when you 1.274 billion shares on issue?

    https://www.nzx.com/announcements/426702

    Revenue Growth and Profitable Third Quarter

    For the third quarter ending 31 Dec 2023, Blis Technologies Limited (Blis) delivered revenue growth of 10% on the same period last year and a positive EBITDA result of $0.3m (unaudited).

    Revenue growth came from a 12% increase in B2B revenue and a stronger than expected result for New Zealand and Amazon.

    “Momentum continues to build around the successful execution of the refocused strategic plan. This has involved amongst other activities, working closely with business partners to sell more Blis product profitably into B2C and B2B channels.” said Scott Johnson, CEO.

    Based on the latest customer sales forecasts and market feedback, guidance is for full year revenue to be about $11.0m, with EBITDA in the range of breakeven to $0.3m. This marks a return to profitability for the company.
    Ends

  3. #7623
    Speedy Az winner69's Avatar
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    Bob …0.3m ebitda means a LOSS
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  4. #7624
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    Quote Originally Posted by winner69 View Post
    Bob …0.3m ebitda means a LOSS
    Yeah but they've got to paint the most positive number......

    They are only predicting $0 to $0.3 EBITDA for the whole year.....!!

  5. #7625
    Speedy Az winner69's Avatar
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    Quote Originally Posted by Sideshow Bob View Post
    Yeah but they've got to paint the most positive number......

    They are only predicting $0 to $0.3 EBITDA for the whole year.....!!

    Be good if full year revenues got to $11m ………better than 2020;at $10.6m
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  6. #7626
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    Quote Originally Posted by winner69 View Post
    Be good if full year revenues got to $11m ………better than 2020;at $10.6m
    They are on fire.....!!

  7. #7627
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    Quote Originally Posted by Sideshow Bob View Post
    They are on fire.....!!
    All the sarcasm in this thread will put the fire out easy.

  8. #7628
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    Momentum! haha. I dont think 10% is momentum. Barely staying ahead of inflation. Good to remain positive in your announcements, but better to put a stake in the ground and acknowledge that 10% year on year is not acceptable and that revenues will increase at a greater level then 10% year. Once you get to revenues of 100 million then you can start saying 10% is momentum.

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