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$1.07 southern cross payments ltd

ISX Financial, page-1765

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JoeSalami

2,215 Posts.

400

30/04/24

21:25

Post #: 73594571
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Originally posted by LongNWrong: ↑

Wow... you guys are gonna make so much money... But before you go shopping for super yachts let's just check some fundamentals...

So 3 billion bucks is your low case, I assume it was Aussie dollars, Euros would be even higher. Not sure you were talking EV or market cap but debt is nothing in the context of that valuation so lets call it the same and check it out using management's targets for the full year.

Revenues €45m lets call that A$75m Aussie. So A$3bn is a measly40x EV/Sales.

EBITDA 25-35% margin, let's give them the benefit and shoot at the top end = €16m or A$26m. At a $3bn valuation this would be a steal at 116x EBITDA. Just in case we want to check in at that $7bn valuation... we're talking 93x sales and 271x EBITDA.

You guys do what works for you but I'd maybe call the yacht broker and ask him to hold off on the helipad at this stage.

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Cool story bro.

Its not really about the valuation. The celebration is about sticking one right up you clowns.

Nice intellectual waste of time though.

SP1 Price at posting: $1.07 Sentiment: None Disclosure: Not Held
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