"Historic financials suggest there is significant operating leverage in this business. Revenue is currently at $70m producing $11-12m of EBITDA. When revenues were previously $100m in 2019 they generated almost $40m of EBITDA. The hard part now is getting revenues back to that level!"
That means, to arrive closer to $40m EBITDA in 2019 at $100m revenue, they would have to do around:
Target EBITDA $33-36m = approx. $210m Revenue (2x more compared to 2019). Does that sound correct? Is it achievable based on current and potential future contracts?
"Historic financials suggest there is significant operating...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IRI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
96.0¢ |
Change
0.035(3.78%) |
Mkt cap ! $161.5M | |||
| Open | High | Low | Value | Volume |
| 93.0¢ | 97.0¢ | 92.0¢ | $200.9K | 212.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3011 | 95.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 96.0¢ | 10678 | 4 |
View Market Depth
| Last trade - 12.53pm 23/07/2024 (20 minute delay) ? |
| IRI (ASX) Chart |