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1,525 Posts.
17
23/04/18
14:34
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What's your FCF formula?
I'm looking it from a P&L Point of view, using depreciation as GXY recognises depreciation charges.
Is my math correct ?? FY17 base on P&L report; estimated for Q12018
|
Column 1 |
Column 2 |
Column 3 |
Column 4 |
1 |
|
FY17 |
|
Q12018 estimated |
2 |
|
000 |
|
000 |
3 |
Revenue |
125,603 |
|
48,992 |
4 |
Cost of sales |
92,078 |
|
41,226 |
5 |
Salaries/Corporate |
11,190 |
|
2,798 |
6 |
Other |
885 |
|
221 |
7 |
sharebaseExpense |
12,017 |
|
Assume no sharepayments to management |
8 |
|
|
|
|
9 |
|
|
|
|
10 |
DMT Sold |
113,467 |
|
44,258 |
11 |
|
|
|
|
12 |
Revenue/DMT |
1.106956208 |
|
1.106956208 |
13 |
Cost of sales/DMT (including depreciation) |
0.811495853 |
|
0.931495853 |
14 |
Fixcost (salaries/corporate+other) |
12075 |
|
3018.75 |
15 |
Management Expense |
12017 |
|
Assume no sharepayments to management |
16 |
|
|
|
|
17 |
Gross Profit (before finance cost) |
XXX |
|
4,747 |
No Finance cost as there's no debt in Q1FY18. Not sure if there are any other costs that I haven't thought off.
Salaries/corporate are fix cost (eg: salaries, rent, computers, etc). Did not add inflation of 2% on top. Simply divided FY17 by 4.
Same with "other" expense (divided by 4); no inflation taken into account.
Key thing now is whether there will be sharebaseexpense or not... if yes; how much?
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