Mothercare's current financial scenario is compounded by its ongoing refinancing negotiations. The company is working closely with its existing lender on a deal aimed at recapitalising its financial structure. A significant part of this strategy involves monetising certain intellectual property assets to reduce net indebtedness and ongoing cash financing costs. The delays in publishing the audited results have contributed to uncertainties within the market. Mothercare plans to release these results in the coming weeks, aligning them with the guidance issued earlier in May. The retailer projects its adjusted EBITDA to surpass the previous year's £6.7 million, despite ongoing market challenges. The Middle East remains a critical market for Mothercare, generating 41% of the retailer's total sales. However, the region presents significant challenges that have remained consistent into the new financial year.