To make 8m ebitda in a year thats having such a bad rep would be an extraordinary year and make this thing fly.
But there isnt one bit i agree with your calculations. Maybe check your numbers against last years ebitda?
I could give you my rough calcs, but you would just ignore it because you are so optimistic about your assumptions and numbers.
On the other hand you could argue that i am pessimistic or wrong about my assumptions and that may be true. But in this game its better to be prudent than to be optimistic imo.
Good luck
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