EBITDA in AUD
2020 → -1mm
2021 → -0.5mm
2022 → -2.1mm
2023 → -0.3mm
2024 → 2mm
2025 → 5mm - guidance from CEO (beatable)
2026 → 6.0mm - my number assuming NO APB approval
EV/EBITDA for 2026 for major companies operating in the aero parts:
GE → 27x
TDG → 22x
RTX → 16x
HEI → 32x
WWD → 21x
CW → 24x
avg 24x
it is true that our company has been taking too long to approve the APB application, but look at the EBITDA progression in AUD.
putting 24x to our 6mn EBITDA gets us to an EV of 144mn AUD or 98mn USD, almost a double from here.
tomorrow we’ll talk about the SMN upside…
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Last
56.5¢ |
Change
0.015(2.73%) |
Mkt cap ! $87.23M | |||
| Open | High | Low | Value | Volume |
| 56.5¢ | 56.5¢ | 54.0¢ | $62.49K | 112.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16007 | 55.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.5¢ | 19512 | 1 |
View Market Depth
| Last trade - 15.57pm 25/07/2025 (20 minute delay) ? |
| SMN (ASX) Chart |