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Ann: Crowd Mobile trading update, page-46

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    405 Posts.
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    03/12/15
    13:38
    Post #: 16538567
    The slide presentation makes clear that EBITDA of $1.1m includes Track EBITDA (consistent with IFRS) as well as CM8's "underlying" EBITDA.

    So, the run rate of EBITDA ($1.1m * 12 = $13.2m) is clearly well below the $15.9m the company has been highlighting previously from the combination of the two businesses. They should have provided an explanation as to why.
    CM8 Price at posting: 28.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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