BSA Limited ( (AU:BSA) ) has shared an update.
BSA Limited announced that it was not successful in securing the new nbn Field Module contract, which will lead to a decline in work orders starting May 2025, with a complete stop by mid-July 2025. As a result, BSA expects to incur restructuring costs of approximately $6.5 million and a cash flow impact of $10 million, prompting the company to explore strategic options to mitigate financial and operational impacts.
More about BSA Limited
BSA Limited is an Australian-owned and operated company listed on the ASX, with over 25 years of experience in delivering fixed-line and wireless telecommunications services, smart metering services, and premium electric vehicle charging solutions. The company serves major Australian brands such as nbn, Foxtel, and Telstra, focusing on long-term relationships in the telecommunications, smart energy, and electric vehicle sectors.
YTD Price Performance: -91.62%
Average Trading Volume: 846,405
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$6.23M
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