do they have any bank covenants ?all companies do, however they are not at risk of breaching them, hence the confusion as to why this keeps getting smashed.
from the H1 report:
Gross debt was reduced by $4.0m and net debt declined by $2.0m to $41.1m at 31 December 2018.Isentia renewed its debt facility in October 2018 and maintains significant headroom over its gearingand interest cover covenants.