$11.1M is underlying EBITDA. Per my numbers I have actual EBITDA coming in at $8.6M.
That being the case I highly doubt NPAT comes anywhere near $3m this year. $3m NPAT for FY18 is very possible though.
What I am looking towards seeing in FY18 is:
- delivering strong 'actual' numbers (Actual EBITDA, Actual NPAT, Actual Cash Flow from Op)
- continued growth in QA & Crowd Agency and importantly further validation that the subscription business as stabilised it's earnings.
- continued reduction in debt and consolidation of balance sheet improvement
- strong expense management
It looks as though the Track acquisition is close to being digested, so we can now start to see real further improvement in key metrics that the market values.
GLAH
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