Australia's BikeExchange jumps on narrower Q2 EBITDA loss

Bikeexchange

31/01/2024 04:35

** Shares of BikeExchange  BEX.AX  rise 1.7% to A$0.610
after it reports narrower Q2 EBITDA loss
    ** The bike retailer says co has improved its EBITDA
position by 95% to loss of A$0.4 mln ($262,840.00)
    ** Over 105,000 shares change hands, highest since listing
in 2021
    ** Stock set for a flat month at current levels

($1 = 1.5218 Australian dollars)

 (Reporting by Neha Soni in Bengaluru)
 ((Neha.Soni@thomsonreuters.com))