RE:Revenue Growth 38.9%At the current share price, the EV/2018 EBITDA ratio is about 10.0. A more reasonable ratio of 15 suggests a share price of about $9.00. A 15 times ratio of the assumed 2019 run rate EBITDA, suggests a price of about $10.50. Sounds like a reasonable short-term target.
MBA wrote: 2018 vs 2017 and better yet, EBITDA growth of 43% (2018 vs 2017). Revenue year end run rate of $73.7 million (US) and $98 million (Canadian). So clearly, Q1 will put VMD over $100 million (Canadian) and close to $100 million US by the end of 2019. EBITDA numbers this quarter were very impressive. Hopefully, management can hold and build on these numbers as the year end EBITDA run rate is now $19.86 million (US) and $26.5 million Canadian (about 70 cents per share). Now give us the VA deal!!!!