Good Drinks Australia Faces Revenue Upswing and Net Loss

Good Drinks Australia Ltd (AU:GDA) has released an update.

Good Drinks Australia Ltd reported a 5% increase in revenue for the financial year ending June 30, 2024, but faced a significant downturn with EBITDA dropping by 48% and a net loss of $2.8 million, a substantial decline from the previous year’s $157,000 loss. The company also noted no dividends were declared and it maintained control over all its entities without changes.

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