IAnnualised Revenue from latest announcement is $160m
Aus operating costs are 34.7m (AGM),
So $160-35 = ~$125m of FCF. (I'm ignoring debt repayments)
5 x FCF is $625m.
But the real question is how much will the 34.7m Aus operating cost increase by with no US costs (eg: corporate allocations)?
And how much will they pay off their debt?
We really need a full quarter of financials post USA sales to do a proper val.
IFN Price at posting:
47.5¢ Sentiment: Buy Disclosure: Held
