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Annual Reports

Annual Report

Annual Report 2018

Full year sales were up 8.7% in to $154.9 million leading to normalised earnings before interest, tax, depreciation and amortization (EBITDA) of $13.2 million. The growth in sales was driven primarily by the increase in corporate store locations from 95 at the end of last financial year to 106 at 30 June 2018. There are now 7 franchise stores based in NSW and 2 in Victoria and while our strategy continues to involve franchise buy-backs, we will maintain our disciplined investment approach so that we achieve our targeted returns...

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