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Syncordia Technologies SYTHF

"Syncordia Technologies and Healthcare Solutions Corp is primarily engaged in the business of proprietary software/technology, billing, healthcare software companies, traditional medical billing companies, and healthcare companies. The company has following operating segments: RCM (Right Concept Marketing), Platform Syncordia, healthcare and Corporate. Geographically it operates through the region of Toronto, Canada. The firm generates most of its revenues from the Right Concept Marketing and co


GREY:SYTHF - Post by User

Post by dsarkon Jul 28, 2016 7:33pm
125 Views
Post# 25093895

I had low expectations...

I had low expectations......but these results are atrocious.  Their EBITDA was $1.9M for the year and their interest expense was also $1.9M.  So when you take EBTDA, it's basically $0.  Any reasonable person net interest expense out as it's such a material CASH cost.  I had such hopes for this company, brutal just brutal. Thankfully I didn't rip the ask on those 50 cent shares.  
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