VVA 0.00% $1.33 viva leisure limited

Ann: Market Update Announcement, page-4

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  1. 310 Posts.
    lightbulb Created with Sketch. 108
    My back of the envelope calculation.

    At the rate of $11.1m per month in August, annualised rev will be $133m, assumed no growth from now to EOFY

    FY22 costs were $102.6m. Assumed 10% increase in costs => $112.8m FY23. Cost growth assumption is in line with last year and way above pre hyper inflation period.

    That will give a net profit of $21m. At current market cap, this gives a PE of 5x. 5 TIMES. For a nation-wide fitness chain. Some smarty pants from overseas will have a crack IMO.
 
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