Quipt Home Medical Corp T.QIPT

it is heating up!!!!

[5hcax]

no reason that its not increasing in the next few weeks

[LAG4]

More deals & bigger deals to come and way behind the news stream allready, should move into the $1.50,s range soon,,.

[Moemoney42]

Anyone have the approx amount of cash available after the 2 last tuckins? My guess is around ~$25 million? Would that be accurate?

[Trademark11]

LOI Revenue is $13M At 22% EBITDA post integration synergies they will produce 2.86M Ebitda.  As per Canaccord update on September 8, "Post-integration purchase prices are actually closer to 2-4x EBITDA."  Therefore purchase price of LOI is between $ 5.7 M and 11.4M. At reporting of Q3/20, PTQ had approx $44M and are FCF positive.  Assuming highest cost for LOI at 11.4M,

[cpac]

Actually the cannacord piece explicitly stated that acquisition costs are 5-6x EBITDA... the reason it drops to 2-4X is because you can double or even triple EBITDA of the acquired company through cost synergies and cross-selling opportunities etc...

[Trademark11]

Hence why I've calculated with a 22% EBITDA margin from the $13M; this represents the post integration margin, excluding organic revenue and cross selling increases in the gross revenue.....

[Moemoney42]

Thanks trademark and cpac for you're input.. greatly appreciated.!  Another good day for PTQ and I'd like to see the new 52 week high by weeks end and I think we're in position to make it happen..! ;-)