Brief: Aofrio says Revenue For Three Months Ended 30 September Was NZ$15.9M Which Is 12.1% Lower

Aofrio

26/10/2023 02:25

Oct 26 (Reuters) - Aofrio Ltd  AOF.NZ :
    * REVENUE FOR THREE MONTHS ENDED 30 SEPTEMBER WAS NZ$15.9M
WHICH
IS 12.1% LOWER
    * GROSS MARGIN FOR QUARTER 32% VERSUS 28.9% Q3 FY22
    * FY23 REVENUE IS NOW EXPECTED TO BE AROUND NZ$65.0M
    * FY23 EBITDA TO BE IN RANGE OF NZ$1.0M TO NZ$1.5M
    * REMAINS CONFIDENT IT CAN INTERNALLY FUND AND DELIVER
IMPROVED
PERFORMANCE IN FY24
    * EXPECTS TO FINISH YEAR WITH A SOLID CASH POSITION


Further company coverage:  AOF.NZ 

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