IRI 2.24% 65.5¢ integrated research limited

Actually, it doesn't need to increase revenue very much to get...

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  1. 36 Posts.
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    Actually, it doesn't need to increase revenue very much to get margin back.

    Let's say, revenue up by $5m. If my assumption is correct, R & D expenses down by $5m. So EBITDA will be up by $10m to $22m. Revenue is 69.8+5=75

    EBITDA margin=22/75=29% which is nearly 30%.

    If revenue is up by $10m, the EBITDA margin will reach 34%.

    So again, the key is revenue increase, and it only needs to increase modestly.
 
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