FY19
Net Debt : 354.5
Underlying EBITDA: 138
Ratio:2.6
FY20
Net Debt : 280 to 310
Underlying EBITDA:$140m to $155m (outlook)
Ratio:2
OML reduced net debt 17.9m in FY19
so FY20, to get 2x goal, OML has to reduce net debt at least 45m
it is not easy
also including Adshel acquisition, underlying EBITDA is 327,3. FY19.
assuming Commute is doing very well, we may see EBITDA to meet 350.
I do not know. It is very confusing ;(
hoping for the best.
Ohh Media: Time to accumulate, page-49
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