(RTTNews) – Well-known Leisure Group Restricted posted a loss-making EBITDA of A$8 million in the second quarter, as opposed to EBITDA of A$51 million a year earlier. The company emphasizes that its EBITDA results do not include vital devices. Revenue fell to A$299 million year-on-year from A$438 million. Cash on hand as of December 31, 2024 was as high as A$78 million.
The group continues to resolve various possible liquidity alternatives. A well-known individual mentioned by Leisure Group, while discussions continue to admire different diverse alternatives, there is now no guesswork that any of these negotiations will lead to 1 or additional final preparations that may even significantly increase the liquidity position groups. In the absence of one or more of these preparations, environmental uncertainty about the group’s ability to continue as a functioning problem remains.
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