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KGIC Inc LGLTF

Consumer Defensive Education & Training Services
"KGIC Inc is an educational organization based in Canada. The company owns and operates private English as a second language school, career colleges and community colleges in Toronto, Vancouver, and Victoria."


GREY:LGLTF - Post by User

KGIC Inc > Breaking another record
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Comment by theinvestor22on Aug 27, 2014 10:32am
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Post# 22881905

RE:RE:RE:RE:Breaking another record

RE:RE:RE:RE:Breaking another record Yun: "What does it mean?" It means, you can back out the $679k of one-time expenses to get pre-tax adjusted net income of $1.952M for Q2. That's pretty good. Organic revenue growth for the quarter was $574k. After the end of the quarter, the company added 38 beds to its housing inventory. Expect to see additional synergies going forward. Also, once things settle down, I think we'll see acquisitions from cash flow. Overall, a nice quarter. It seems the pre-release price run-up was warranted.
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