RE:RE:RE:320m Guidance for 2016..JTDOUBLE wrote:
Wondering why they will include acquistions revenues not materialized yet on their guidance 2016 unless they are absolute 100% ..
JTDOUBLE, they will announce an acquisition very soon IMO. You are correct, they have it built into their guidance. As per HF comments below from MIDAS LETTER Feb.18, James West: Interesting, okay. Why dont you give us an overview of the financial condition of the company, and whats the outlook for 2016? Harry Fleming: Weve done very well. So the first year I was here, we had grown from 20 to 30 million, and the next year we went to 84 million, 74 million of which was organic; and then this year were going to do between 220 and 230, I think we put a press release out a few weeks ago. Well have those numbers issued sometime in a month or so, as our auditors are on the ground here finishing our audit. Our 2016 numbers, we havent released the organic numbers yet because we want to make sure we have our 2015 numbers in the can, and then were really going to impute about 20 percent growth organically on the top line, maybe a little higher on the EBITDA line. But on top of that, well add strategic acquisitions, and as I think I said on our call a couple of weeks ago, after we released our financials, were in several substantive talks with different acquisition targets. In addition, HF stated : Were really focusing now on acquisitions that will bring in revenue and EBITDA. So if you look at us historically, were generally getting these centres that were either closed or that were failing, and so we didnt have that luxury of buying the EBITDA-accretive acquisitions. We will do that in 2016.