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IWG TECHNOLOGIES INC V.IWG

"IWG Technologies Inc through its subsidiary is engaged in developing, manufacturing and selling aircraft water treatment equipment, on-demand water heaters and water systems."


TSXV:IWG - Post by User

Comment by mjh9413on Oct 29, 2015 3:19pm
136 Views
Post# 24240231

RE:Estimated Earnings

RE:Estimated EarningsIn prior MD&A they spoke of increased sales of A-6 and M1 products (potable and water heater, resp., which, by the way, you can look up at https://www.water.aero/product-overview/nps-a6-unit/  and  https://www.water.aero/iwg-m1-unit/) so, apart from reference to increased costs associated with these, the outlook is probably good at the very least. They also had a nominal non-recurring cost associated with production last qtr., only about $80K if I remember correctly, but it is significant vs. bottom line. At less than 5x prospective EBITDA ratio it seems relatively cheap. Another 0.8c in qtr would also mean less than 9x p/e.  Finally I am hoping the delivery of M1 products to production centres that started end of last qtr will naturally mean reasonable realisation of revenues which will fall to bottom line.
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