OTCPK:AKUMQ - Post by User
Comment by
mjh9413on Aug 25, 2022 12:07am
252 Views
Post# 34918870
RE:There’s a ton of upside to Akumin (AKU), says Clarus
RE:There’s a ton of upside to Akumin (AKU), says ClarusI bought because I liked the idea the Alliance people were going to steer the Company but with Zine and Stonepeak holding sway I am peeved. Zine gets a nice paycheck and other benefits while stonepeak reaps Millions$ in finance charges every qtr, the latter inflating the adj Ebitda number by 80%+. The latter wud have prevailed under any leadership but the existing group is just 'for the boys" as I see it and the Clarus numbers are blue-sky, even meaningless all in mho.For instance, on a profroma basis one wud have expected $750MM revs from the combined company. I cannot see how AKU gets out of this ton of debt if EBDTA runs only about $20 to 25MM this year and possibly double that in 2023 at best..
Anyone got other numbers