AVD avada group limited

Hi Patient,I have begun to look at it.My thoughts so far :- I do...

  1. 4,755 Posts.
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    Hi Patient,

    I have begun to look at it.

    My thoughts so far :
    - I do not get yet why this company has not been as steady as expected initially,
    - their last quarterly cash flow was really good, with a cash flow from operation of 6.7 m$ to compare with 4.9 m$ for the past 12 months.
    Annualised, it corresponds to a free cash flow yield of 30 %.
    We need more explanations about this cash flow : due to recent acquisitions ? normal seasonality ?
    - they seem to be aggressive on acquisitions, financed by taking large amount of debt (at high interest rates, cf NZ acquisition) and increasing capital (at a large discount).
    Their last 2 acquisitions (in Vic and NZ) have been done at 3 x EBITDA, while Avada is now valued at 5.2 x EBITDA.
    Last edited by saintex: 06/09/23
 
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Last
13.5¢
Change
0.000(0.00%)
Mkt cap ! $11.46M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 155 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
15.5¢ 7493 2
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Last trade - 11.25am 16/06/2025 (20 minute delay) ?
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