Rising debt isn't a worry, it was used to acquire 2 businesses since they listed. It has gone from a company just breaking even to a company making almost $7m EBITDA in 3 months.If they can replicate the last quarter over a 12 month period you are looking at a business that could make $15m npata with a marker cap of $35m and $23m net debt... Which will probably be down to under $10m net debt in 12 months time... Which means they could probably even do another smaller acquisition over the next 12 months...
Rising debt isn't a worry, it was used to acquire 2 businesses...
Add DDB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
19.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $26.41M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 52 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 55555 | 1 |
View Market Depth
| Last trade - 16.12pm 17/05/2024 (20 minute delay) ? |
| DDB (ASX) Chart |
Day chart unavailable