After making that post last night I went and did a bit of reading, the recent PAC brokers note actually contains most of the key numbers.
Currently MAQ achieve ballpark $53m p/a EBITDA, once IC3 comes online they are forecasting an uptake of 2MW p/a at approx $10m revenues and $6m EBITDA from that uptake.
Based on that, ballpark 10%+ uplift in headline EBITDA year on year for a number of yrs. However I can see uptake of the new capacity beating 2MW p/a - there is 33MW new capacity and with the speed of growth in cloud & data there is no way it will take 15yrs to hit capacity.
Also highly likely to see an uptick in ROI from each MW (forecast as $4.7m) over time especially if leased to Govt agencies wanting certified secure data storage. All up the new capacity at IC3 offers $160m revenues at about 60% margin for earnings - up to $95m EBITDA which increased the current MAQ earnings by 200%.
MAQ Price at posting:
$19.90 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)