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Why Did Close the Loop’s EBITDA Halve Despite Steady Revenue?
9:03am on Thursday 12th of June, 2025 AEST
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Circular Economy
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Why Did Close the Loop’s EBITDA Halve Despite Steady Revenue?
9:03am on Thursday 12th of June, 2025 AEST
Key Points
2H25 revenue steady at approximately $99 million
EBITDA expected to fall by around 50% compared to 1H25
North American refurbishment and ITAD operations underperform due to software virus and production issues
Mexicali plant now fully operational with positive early results
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