Ann: Initial Director's Interest Notice - Ian Elliot, page-11

Hey Longshot,

Management have stated that EBITDA is likely to be improved on 2017 in 2018 as indicated below

This includes an estimated EBITDA of $2.5m from C2B solutions acquisition - which alone is nearly 50% of the 2017 EBITDA


"Mobile Embrace Limited (ASX: MBE) (MBE or Company) is pleased to provide this update to shareholders. The Company is trading well and, although in the early stages, is well-placed to deliver improved Earnings before Interest, Tax, Depreciation and Amortisation (EBITDA) for the Financial Year 2018 (FY2018) in comparison to FY 2017 EBITDA of $5.4M. ''

'' C2B Solutions is forecast for FY2018 to generate annual EBITDA of $2.5M''

DYOR