Online retailers, Covid, Synergy's (SNYR) adj. EBITDA $4.2mSNYR is a pure online retailer, so the rush to online buying this quarter due to the stay-at-home orders does help SNYR, so adjusted EBITDA will reach or exceed $5 million this year.
Adjusted EBITDA was $4.2 million in 2019, UP 110% compared to 2018:
https://www.globenewswire.com/news-release/2020/04/29/2024687/0/en/Synergy-CHC-Corp-Announces-Fiscal-2019-Year-End-Results.html So Enterprise Value-to-adjusted EBITDA currently is about 3 times and SNYR is dirt cheap at 15 cents.
The CEO is not idiot. This is why he owns 50% and Knight Therapeutics (GUD) owns another 19%.