Concordia Healthcare Corp. T.CXR.R

One thing we have to remember is the following

[fdfd12]

all US$


We did $1.46 last Q but that was only on 35M shares.
Net income of 51.4M on 35M shares gives $1.46.

Now we have 51M shares.
So we have to do $74.4M to get to $1.46 per Q.

If we are supposed to do 1.75 per q, that means that we have to hit almost
90M in net income instead of 51.4 that we did last Q.

Everyone understand this?

[argentia77]

Well, there's this:   "Concordia reaffirms fiscal 2016 guidance: Adjusted net income2 of $330 million to $355 million; adjusted EPS2,4 of $6.29 to $6.77 4 Based on a fully diluted share count of 52.4 million as at October 23, 2015.

[cashflow98]

Yes. And how much did amco do prior to acquisition ?

[fdfd12]

I am hoping that CXR will double its earnings.Meaning from 51.4 to over 100M which would make it about $1.95US per Q. That would get us over $80cnd easy if not higher.

[cashflow98]

Exactly. I am out of my office currently so do not have that number handy but I too think MT is sandbagging.  Thx fdfd.

[argentia77]

cashflow98 wrote: Yes. And how much did amco do prior to acquisition ? fdfd12 wrote: all US$ We did $1.46 last Q but that was only on 35M shares. Net income of 51.4M on 35M shares gives $1.46. Now we have 51M shares. So we have to do $74.4M to get to $1.46 per Q.

[cashflow98]

Thank you. 

[argentia77]

argentia77 wrote: In 2014 AMCo did $73 million (U.S. Dollars) net profit. Scruggs posted AMCo's 2014 annual report with all financial statements on the reddit site here. Most interesting read. Sorry, slight correction: AMCo's consolidated statement of comprehensive income for 2014 is 49.594M pounds sterling which converts to $75.9M U.S.

[sunshine7]

Hard to read British accounting system, but if I read correctly, 'segment result' should equate to EBITDA? That was 64M pounds or about 97MUSD for 6 months ending June 2015 or 48MUSD per quarter. Assuming growth thereafter, should add over 50M to the 50M that CXR did give us 100M/q. That should do it!

[adamchess]

However, interest costs will take a fair chunk out of this so hardly a valid comparison. I know EBITDA is calculated before interest but you have to take this into account now I think. EPS increase will be higher but not as much until debt is repaid and revenue from new products, etc. Paints a nice picture 3 or 4 years in the future.

[sunshine7]

Consolidated financials are on sedar "Concordia Healthcare Corp Unaudited Pro Forma Condensed Consolidated Statement of Income (Loss) Six Months Ended June 30, 2015" ... it shows the most recent results (albeit 6 months outdated soon) and that AMCo is a larger business than Concordia. We can assume that their contribution is higher than the mother ship and EBITDA2 should easily double or

[healthstock1234]

It is not British , it is IFRS- international standard. - like Concordia.  [ quote=sunshine7]Hard to read British accounting system, but if I read correctly, 'segment result' should equate to EBITDA? That was 64M pounds or about 97MUSD for 6 months ending June 2015 or 48MUSD per quarter. Assuming growth thereafter, should add over 50M to the 50M that CXR did give us 100M/q. That