Hi JT29,
Basically your numbers are junk.
I have re-calculated for you, see below. I have used your numbers in ALL of the calculations below; regardless of whether I agree with your assumptions or not. This is just to show that even with your assumptions which, may or may not be realistic (everyone has an opinion) some much better financial metrics work out.
And everythings in USD, I have made NO FX assumptions.
Basically your fundamental problem was that you taxed the revenue and not the EBITDA. Perhaps a quick accounting101 brush-up if you're posting figures in a public forum.
EVERYONE ELSE: I just used JT29s assumptions for continuity, don't shoot the messenger.
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Hi JT29,Basically your numbers are junk.I have re-calculated for...
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