My strengths are not in financial analysis but did you misread the presentation?
JLG says it expects EBITDA to rise by $13m for the next six months, so conservatively, on an annual basis bearing in mind the two halves won't be identical, perhaps EBITDA of $18-20 million?
I am no accountant but page 21 of the presentation suggests that pro-forma FY 21 calculation of Reconstruction Experts' NPAT came to $17.7 million.
My strengths are not in financial analysis but did you misread...
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