GREY:ACEXF - Post by User
Comment by
lscfaon May 03, 2019 12:03pm
91 Views
Post# 29707015
RE:Forecasting FY’19 – $85M USD Revenue & $34M USD EBITDA..
RE:Forecasting FY’19 – $85M USD Revenue & $34M USD EBITDA..Some rough calcs. gives a fair value of $1.53 before the 3 additional acquistions they did in 2019 so far. Continual acquistions (run rate no.s > than 10 or 12 month no.s) and partial ownership of operating assets is complicating financial statements and confusing investors.
Qtr cash flow = $3.5 mil US
Annualized = $14 mil US
1.3 Fx => $18.2 mil Cdn
7 multiple = $127 mil cdn
Shs o/s diluted = 83 mil
Sh value = $1.53 cdn
| $US | 3 mo Nov | 3 mo Aug | 3 mo May |
| CFO | 3,957,676 | 5,149,866 | 3,983,208 |
| Less minority int | -1,438,020 | -2,114,741 | -2,417,087 |
| Net | 2,519,656 | 3,035,125 | 1,566,121 |
| Acquistion costs | 927,688 | 355,898 | -156,420 |
| Adj. net | 3,447,344 | 3,391,023 | 1,409,701 |