In the absence of any $ guidance provided by management, anyone...

In the absence of any $ guidance provided by management, anyone want to share their forecasts for 2017?

Mine are below. Taking past history (forecast of 16 vs actual), my revenue was within 1% but i was a fair way out with costs - with marketing and employee benefits being a fair way higher than I anticipated. I've tried to be more conservative there for 17 onwards

Q&A revenue $25m (26% growth)
Q&A COS $8m ( 0.5% decrease in margin)

Track Revenue $27m (4% growth normalised)
Track COS ($3.5m, slight decrease in margin)

Total gross margin $40.3m or 78%



Cash costs - $25.1m - o/w $13.2m maretking and $7m employee expense

EBITDA - $15.3m


I think I've been conservative with Track growth, and Q&A is hard to call, could be higher depending on how certain deals i.e. china materialise.

Hopefully $15m of EBITDA can be pumped into debt over the year which will put EV and general position in a great spot

Following similar trends I have $19.2m EBITDA for FY18 (in which we will become debt free) and $24.8m in FY 19 (no debt).

This all assumes no further acquisitions or investment (or loans)


So - anyone else have any guesses for the coming year(s)?