RE: TLY prepared for govn proposals and future growth8 Jul 2021 00:05
bumble, we have been here before, I did not ever mention the white paper would knock TLY for six.
What delusion (mental aberration) in your mind allows for this sleep of reason?
I did not express a negative opinion on the effects of the white paper.
It is not the first time you have been so confused.
Indeed you apologised for making the same mistake previously.
As for amortisation, this is not something that will vanish the next time around.
We have seen it mentioned each time results are announced and funnily enough the same figure of 0.1 million was quoted in 2019:
Financial Review for the six month period - we are pleased to report turnover of £49.2 million (H1 2018: £40.2 million) and earnings before interest, taxation, depreciation and amortisation, excluding exceptional items(EBITDA) of £2.1m (H1 2018: £0.1 million). The loss before tax is £2.6 million (30 September 2018: £0.5 million loss). The loss before tax for the period includes amortisation of acquisition intangibles relating to contracts acquired of £2.5 million (30 September 2018: £0.9 million). These results reflect the impact of three months trading performance from Greenbrook since its acquisition in late June.