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Integrity Gaming Corp. V.IGAM

"Integrity Gaming Corp is a provider of gaming equipment and project financing to owners, operators, and managers of casinos and other regulated gaming venues. The company focuses on U.S tribal gaming markets where it leases and distributes slot machines, electronic table games, casino, and bingo equipments."


TSXV:IGAM - Post by User

Post by Wangotango67on Aug 13, 2016 12:43pm
74 Views
Post# 25138936

4th Quarter year end - stats....

4th Quarter year end - stats....

"2015 was our first full-year as a public company and was significantly transformational:

we closed on the acquisition of the Integrity Companies, added a 600 machine placement with the Tonkawa Tribe of Indians of Oklahoma, and grew our overall machine deployments to approximately 2,400, from 287 at the end of 2014," said Peter Macy, CEO of Poydras Gaming.

"Our strong growth trajectory built in the last two quarters of the year will continue into 2016, as our results for the first quarter and onwards will fully reflect the 150 machines placed with the Cheyenne & Arapaho Tribes of Oklahoma at their new Lucky Star Hammon facility.  We are expecting

FY 16 Adjusted EBITDA to approach $10.0 million from our existing machine deployments, with further upside potential as we place additional machines."
Read more at https://www.stockhouse.com/news/press-releases/2016/04/28/poydras-gaming-finance-corp-announces-2015-fourth-quarter-and-full-year#TFleL3pjXLE1U51M.99

Wango ~

In my opinion - i think pyd will have surpassed their 2016 - $10 million targeted EBITDA -

As per stated above - Q-1  and onward wil lreflect the full effect from the 150 deployment @ Lucky's - whicjh means - we've gone through Q-1 AND now days away from - Q-2 which really means - we'll see the full effects of the 150 machines @ Lucky Casino.

Also - i would like to know if PDS  was a full buyout - meaning - were the xxx amount of slot machines given to PDS - were those machines recaptured in the payout - allowing pyd to regain those deployed machines  ?

I would like pyd to also state how much revenue is generated in their next press release - to better understand what exactly are the numbers coming in - and perhaps see where they could reduce run costs - and beef up the bottom line.

Surely the revenues will increase - given the recent consolodation -  and allow for more cashflow -and if so - that should facilitate a means of more cash = more opportunity to invest -


$8,200,000.00 +/-     Q-1   was stating
$  ,650,000.00           A & W -  pyd full ownership ( total amount - $1,3 million but since pyd                                            claiming half - only the the other half 650k should only be used.
$2,000,000.00           new 230 machine contract
--------------------
$10,850,000.00         usd  EBITDA / adjusted ?
x 1.23 cdn
---------------------
$13,345,500.00        cdn EBITDA / adjusted ?


Any more contracts will make this growth very, very interesting ... !

Yes.. i really would like to see total revenues.... ha !  And then i can delve into where pyd should
trim and groom their fast growth gaming business... wink !


Cheers !










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