WildBrain Ltd T.WILD

Earnings call transcript

[Andrew1111]

Here's the earnings call transcript
https://seekingalpha.com/article/4540981-wildbrain-ltd-wldbf-q4-2022-earnings-call-transcript
Personally I thought the Q4 and year results were pretty good and the guidance for next year is excellent. The markets reaction is out of line with these results, great time to buy more shares.

[wagyusteak]

  yeah, they are focusing too much on the short-term quarterly fcf basis and forget about the big picture here

[bigbaddude]

Fine is a pension investor. She has a 10 year time horizon. Not worried about quarterly results if trend is generally in the right direction.

[Alphaseeker1973]

FIne Capital is a joke.  They were touting this company in 2016 as a $50 stock.   I hope their pension fund clients have better returns from other funds because retirement for those pesioners will be pretty lean if they are relying on Fine Capital's outcomes!

[Andrew1111]

You sure would've been unsufferable 2 years ago when WILD was below $1 for a few months. Every other day you would've been griping that it'll never go back over $1.

[Alphaseeker1973]

Don't worry...you will see the $1 level again soon enough.  The CEO is spending like a drunken sailor on highly questionable growth initiatives during one of the worst looking macro environments in 50 years.   When costs outstrip profit growth inan environment such as today you know it is going to end badly.  Probably why Eastbay Capital guy resigned form the BOD. 

[rad10]

  50 million net debt increase year on year.  It's a little concerning.

[Andrew1111]

Not really, that debt is spent on production financing. The debt leverage is actually going down. You should read the transcript, the free cash flow is covered. Or you could just sell and see where we all are in 6 months to a year. This is a good time to buy not sell

[rad10]

  my only real skin in this game is a couple of hundred debentures.  The debt to EBITA and equity ratios are important.  I was surprised at my brief cursory look at the recent investor presentation that shows the ratios have deteriorated.  They have taken on an additional 50 million of debt and their cash position has diminished. My posting history on this forum is self