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BRIGHTPATH EARLY LEARNING INC V.BPE

"BrightPath Early Learning Inc is engaged in the operation, acquisition and development of community based early learning and care centres across Canada."


TSXV:BPE - Post by User

Post by teshon Mar 28, 2014 8:40am
237 Views
Post# 22380261

$10 million EBITDA by 2014

$10 million EBITDA by 2014The earnings release spent a lot of words on price increases, cost cuts etc. However, could not find much on growth in spaces. Their last investor presentation, which showed how they were going to reach $10 million in EBITDA, included spending $18 million on increasing spaces at a 20% EBITDA return on capital spent. I would think that that would equate to about 1,800 more spaces (about 7,000 in total) Can't attend the conference call today so hope someone asks them some questions about their expansion plans and timing.
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