OrotonGroup has seen a 52% fall in half profits - and that's just the beginning.
Earnings before interest, tax, depreciation and amortisation fell 43.5% to $5 million.
The weaker Australian dollar contributed a $1.3 shortfall.
As group sales plunged 10% to $67.1 million, OrotonGroup reported a profit dive to $1.8 million.
The news came as OrotonGroup CEO Mark Newman announced his immediate resignation.
Newman, who has been in the role for the past four years, stepped down immediately from his post on Tuesday and will be replaced by director Ross Lane, who will serve as interim CEO.