Ann: AGM Chairman's Address and CEO's Presentation, page-4

3-5% ebit margins quoted so, being conservative, $200M rev and lowest end of range (3%) gives $6M ebit; with every $10M of additional revs yielding another $300k ebit and every half a percent improvement in ebit margin yielding another $1M of ebit on $200M base case rev.

The wildcard is any additional acquisitions and what multiple they can buy them at, how accretive they are...