Vista reports $8.5m half-year net loss but gets a Barbenheimer boost

July's global box office reached more than US$2 billion ($3.4b) for the films Barbie and Oppenheimer. (Image: Getty)

Fri, 25 Aug 2023

Vista Group International (VGL) reported a $8.5 million net loss in its first half, but the company is confident it can stop burning cash by the end of 2024.Vista’s latest net loss was lower than the $18m net loss in the previous corresponding period.Revenue rose 12% to $69.7m in the six months to June 2023.Chief executive Scott Dickinson – who has been in the Vista CEO seat since April – said in an analyst call on Friday that it had been a busy four months.“The business on the inside is largely what I expect it to...

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