Interesting. EBITDA and gross revenue being listed means it's...

Interesting.

EBITDA and gross revenue being listed means it's probably cash flow negative currently which explains the relatively cheap buy out. The vendor earn out being taken from "contribution margin" as opposed to net profit means a 5-6 million pay out would still be billed to SYT if the ventures fail to make a net profit but substantial incomings from existening contracts keep coming in which could get hairy. Porbably also signals a CR but that was to be expected.

They will need to cut costs dramatically while still being able to fulfil the existing contracts or it's just more bloat but if they can do that and leverage the tech elsewhere could well be a win.

Time will tell I guess.