RE:RE:Q2 2023 Results
CauseWhyNot, regarding receivables, to give them credit, they do mention that
"Since early March we added temporary employees to help in clearing the backlog. As at mid May we have reduced our receivable by an amount of more than $2M. We are aiming to reduce accounts over 60 days to a minimal value, we are confident we can achieve this with enough discipline and focus."
I also noticed they quantified one of their near term strategies as "Seek acquisitions outside the province of Quebec with a goal to reduce its EBITDA contribution below the mark of 25%." This isn't suprising but I'm curious what sort of financial capacity they have for acquisitions at the moment that would actually move the EBITDA needle that much, and what they have been looking at.