Good Drinks Australia Limited (GDA) - Signs of Consumer Spend Caution
It is not expensive, trading on 9.4x FY23 and 6.6x FY24 EV/EBITDA. Peers trade on 12x and 10x respectively with typical takeout multiples of 14x.
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Good Drinks Australia Limited (GDA) - Sustained Pursuit of Decisive Expansion Strategy
An additional $2m of expected sales and marketing spend feeds through our revised FY23 forecasts to a new 12-month target price of $0.96, down from...
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Good Drinks Australia Limited (GDA): Scaling Up for FY23 Earnings Leverage
GDA recently announced Australian distribution agreements with Magners Irish Cider and more substantially with Molson Coors. Neither agreement...
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Aldi's Presence Makes a Return to Duopoly-Like Margins Unlikely
The Australian grocery industry continues to evolve and everyday dry groceries are likely to become even more commoditised. Aldi re-established the...
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