RE:RE:Now Thursday has to make them think twice Currently the market cap is $348 million with 30 million in run rate Ebitda would give an 11.5 x ebitda multiple with no allowance for growth, but Sleep co is growing organically at well over 50% before cross-selling so that multiple will actually end up much lower.
50 million in Loi's expected to close with a minimum 10 million in Ebitda would take that multiple down to 8.7, again with no allowance for growth.
We may miss on an Loi occasionally but they have a pipeline full of replacements and a big cash hord to execute.
i think conservatively we are looking at 48-50 million in ebitda run rate with what is closed, whats in Loi's and a small amount of cross-selling which puts us around 7 x ebitda