Based off Fy19 growth rates, guidance for elite could be in the $105m-$108m range.
Add in Prosumer/AMS/Data/Other and potential for around $120m full year revenue, or around 26% YoY growth.
Assuming EBITDA contribution of additional revenue around 34%, EBITDA could come in around $13-14m.
Would show a (2-3m) net loss still given D&A could come in around 16m.
FCF dependent on R&D and other investment activities, and also how D&A really plays out with cash outlays for renewing/upgrading to new units.
Upside Potential - product adoption is starting to hockey curve, so elite revenue growth could have 2-3 years of above historic sales growth - cross sell opportunity to existing user base - Video expanding out of US
30% revenue growth in FY20 is possible, which would sure up cash flow positivity and a small maiden net profit position.
(But still think we get taken out by then....)
Regardless, shaping up to be a cracker of a year for the company.
All IMHO.
CAT Price at posting:
$1.38 Sentiment: Buy Disclosure: Held
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