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Top Shelf International Navigates $2M EBITDA Loss Amid Facility Sale and Debt Talks
9:29am on Monday 3rd of February, 2025 AEDT
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Top Shelf International Navigates $2M EBITDA Loss Amid Facility Sale and Debt Talks
9:29am on Monday 3rd of February, 2025 AEDT
Key Points
Underlying EBITDA loss of $2.0 million in Q2 FY25, improving 22% from prior quarter
Binding term sheet signed for $8 million sale of Campbellfield production facility
Voluntary trading suspension continues pending FY24 audit and debt negotiations
Debt drawn increased to $30 million with high interest rates and new tranches fully drawn
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