Brief: Atomos Posts HY Unaudited Underlying EBITDA Loss Of Circa A$11 Mln

Atomos

01/03/2023 01:26

March 1 (Reuters) - Atomos Ltd  AMS.AX :
    * HY UNAUDITED UNDERLYING EBITDA LOSS OF CIRCA A$11M
    * HY UNAUDITED REVENUE OF CIRCA A$21M, DOWN CIRCA 50%
    * MAY NOT RETURN TO PROFITABILITY UNTIL FY24
    * MANAGEMENT’S CONSERVATIVE PLANS SHOW INVENTORY UNWINDING
THROUGH
FY23 AND FY24 AND REPAYING ITS EXTERNAL DEBT

Source text for Eikon:  ID:nASX5DxNZz 
Further company coverage:  AMS.AX 

 ((Reuters.Briefs@thomsonreuters.com;))