Wow !
So let me get this right....
Veris reported EBITDA = 1.9m
Survey business = 0.8m on 75m rev (1% EBITDA%)
Aqura = 1.1m on 19m rev (6% EBITDA%) (page 31)
All after a +5m AASB 16 benefit to their EBITDA (page 41)!!!!
AND
a $3m jobkeepeer handout
like I said WOW great job guys !!
From my research other survey and mapping companies get about 15% EBITDA% - maybe time to go back to the drawing board...
Ann: Investor Presentation, page-18
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