GREY:SYXXF - Post by User
Post by
Sir_Holleron Mar 03, 2015 8:39am
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Post# 23483284
Profitable quarters are financing
Profitable quarters are financingWith last Aug-Oct showing a bottom line profit of ~$500,000 before the benefits of a much lower Canadian dollar since, the new smaller helicopter certification which should increase margin, and lower oil prices which may reduce fuel costs, any growth this year could mean ~$1 million in EBITDA this Aug-Oct and we are now only six months away. The Aug-Oct quarter is a nice source of financing.