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Adjusted EBITDA was $5 million, flat year-on-year, resulting in a breakeven adjusted EBITDA margin.
Airbus still expects the unprofitable program — 25 per cent of which is owned by Quebec — to reach breakeven by 2025.
And also on the profitability side, I'm also curious whether this profit breakeven on a non-GAAP operating level is sustainable?
As such, the monetization opportunities for DTC are still expected to be in the earlier stages, as it reached approximately breakeven terms in adjusted EBITDA in the first half.
Despite its challenges, Mirvish insists “Harry Potter” will cross the breakeven point by the time it ends its 13-month run.
Source: https://globalnews.ca/news/9628773/mirvish-close-harry-potter-cursed-child-play/
Further, Koin continues progressing well towards the breakeven point, improving $3.9 million year-over-year and posting only a negative $600,000 of EBITDA in the quarter as our take rate versus expected losses margin continues to expand.
Given the volatility of energy prices, it is hard to say when that breakeven point will be, but high gas prices have made heat pumps much more cost-competitive with oil and gas boilers.
Source: https://www.bbc.co.uk/news/business-64261457?at_medium=RSS&at_campaign=KARANGA
If the position goes against us, we have plenty of extrinsic value in those options to keep on rolling our contracts both forward in time and down in price which will consequently lower our breakeven over time.
It's a quarterly breakeven rather than a full year breakeven.
It's a quarterly breakeven rather than a full year breakeven.
Lastly, we now expect around $23 million of new set deployment in 2023, representing a year-over-year annual growth of 24% and represents our continued focus on driving the business to cash flow breakeven sooner rather than later.
Of these, a sharp rise in breakeven rates on the back of much stronger-than-expected economic data was key.
Our bottom line annual guidance reflects the cost reduction efforts I discussed earlier, which includes reaching breakeven non-GAAP EPS by Q2, 2023.
Results are consistent with longer-term breakeven rates, although these are a bit lower.
'Royal Mail owner, International Distributions Services (IDS)’s interim results fail to deliver as it now expects to breakeven this financial year amidst a challenging macroeconomic climate.
Share prices have the potential to grow a lot over the next few years if the firm reaches breakeven metrics beyond EBITDA alone.
Source: https://investorplace.com/2023/08/7-tech-stocks-under-20-to-snap-up-before-the-surge/
Suncor maintains an efficient operation with a competitive breakeven level.
The addition of approximately 200 high-quality, low breakeven locations deepens our drilling inventory and with our flat rig count, extends our inventory life significantly to over a decade.
The company is expected to reach non-GAAP EBITDA breakeven in 4Q23, making it the only semiconductor company that IPO-ed in 2021 to achieve this.
The renewable industry offers a lower breakeven, which helps to support its long-term viability.