Ninja, I am open to being corrected but think your logic is...

Ninja, I am open to being corrected but think your logic is wrong.

For the aquisition of $43.27m they bought $41.29 m in receivables. The receivables pay off the bulk of the aquisition, not the profit.

In the first 3 months they receved about $4.3m...or around $17m over 12 months (assuming the first 3 months are representative). Lets be conservative and reduce receivabled to $15m. It is these receivables that will pay for the bulk of the aquisition not the profit. Allowing for admin costs and deducting the profit, and some interest..let say round it down to$10m in receivables for the year that go to paying back the cost of aquisition. That 1o million pays off the aquisition off in just over 4 years.....not 14 years. To me it looks like a good deal.