The $25/$30m EBITDA by 2025 is quite the target.
That equates to a 44% yearly increase in EBITDA to reach $25m.
Or, a 53% yearly increase in EBITDA to reach $30m.
Th.e last slide is interesting, it suggests a $35m target, which is a 61% increase.
it also mentions that they want GDA to become an attractive acquisition target. If these figures are reached rather quickly in that short timeframe, then we could see a decent premium attached to it to any takeover offer.
Ann: Managing Director's Address to Shareholders, page-5
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