-- Schoolblazer's (ASX:SBZ) Schoolblazer Group subsidiary recorded AU$55.4 million in total revenue for the fiscal first half ended March 31, down from AU$57.7 million in the same period the year prior, according to a Friday filing with the Australian bourse.
Total global sales of AU$55.3 million were down 4% compared with last year, the filing said.
The company anticipates that about two-thirds of revenue and most of the earnings before interest, taxes, depreciation, and amortization will be generated in the fiscal second half, but ongoing geopolitical disruptions, freight rates, and delays are likely to have some impact.
The company maintained its fiscal-year revenue of between AU$190 million and AU$200 million, per the filing.
Shares fell 3% in morning trade on Friday and earlier reached their lowest since January 2021.