Tag Archives: heads toward profitability as fiscal year closes

Lotus shocks, heads toward profitability as fiscal year closes

2016 Lotus Elise Race 250Lotus has pulled a money-laden rabbit from its top hat. With the results of its 2016/2017 fiscal year, Lotus Group International Limited’s operations are heading toward profitability. At the close of the fiscal year, Lotus posted a positive earnings before interest, tax, depreciation, and amortization (EBITDA) of $2.6 million. In the 2015/2016…

Via: http://www.motorauthority.com/news/1112060_lotus-shocks-heads-toward-profitability-as-fiscal-year-closes

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Lotus shocks, heads toward profitability as fiscal year closes

2016 Lotus Elise Race 250Lotus has pulled a money-laden rabbit from its top hat. With the results of its 2016/2017 fiscal year, Lotus Group International Limited’s operations are heading toward profitability. At the close of the fiscal year, Lotus posted a positive earnings before interest, tax, depreciation, and amortization (EBITDA) of $2.6 million. In the 2015/2016…

Via: http://www.motorauthority.com/news/1112060_lotus-shocks-heads-toward-profitability-as-fiscal-year-closes