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NEULION, INC. T.NLN

"NeuLion Inc is a technology product and service provider that offers digital video broadcasting, distribution and monetization of live and on-demand content to Internet-enabled devices."


TSX:NLN - Post by User

Comment by BillXMAon Dec 20, 2017 9:51am
208 Views
Post# 27194696

RE:RE:RE:sale

RE:RE:RE:saleThat revenue is before the divestiture of $20M in DIVX revenues.  On a pro forma basis 2017 revenues for NLN should be around $74M, maybe a bit lower depending on where Q4 comes in.  The current cash balance of $53M USD is inflated by a large seasonal payables balance which will reverse in Q4.  Company should end 2017 with closer to $31M USD in cash  That plus $39M in proceeds from the sale (closing sometime in Q1) should leave cash balances of $70M USD or $90M CAD by end of Q1 18. 
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