CLG 3.13% 33.0¢ close the loop ltd.

This looks staggeringly cheap on outlook of $43m EBITDA, which...

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    This looks staggeringly cheap on outlook of $43m EBITDA, which the company seems to be suggesting is conseravative…

    ”FY24 Guidance and OutlookThe Company expects revenue to be at least $200m in FY24, with EBITDA of at least $43m. The FY24 forecast does not assume the upside to be gained from additional synergies previously identified, nor does it factor in any expansion of contracts and product lines. The Company is committed to providing updates as it gains confidence in its delivery on additional product lines, synergies and advancements from the recent settlement of ISP Tek Services and Captive Trade Corporation. The Company will make the necessary investments into the infrastructure that is required to ensure a strong platform for future growth.”

    $49.5m cash and growing strongly. Should be well up over next couple of days imo.
    Last edited by Prisoner24601: 28/08/23
 
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