Q2 Projection reposted****Calculations in CAD for comparison purposes only****
3 aquisitions will contribute to Q2/21 revenue:
HTR (Full quarter),
Sleepwell (Full quarter),
Mayhew (2/3 quarter)
Assumptions: 8 % organic growth for core business, HTR and Sleepwell.
Flat (0%) organic growth for Mayhew
Q2/20 Revenue: 24.1 Mil CAD x 1.08 = $26.3 Mil CAD
HTR Revenue: 5.5 Mil CAD x 1.08 x 1/4 = $1.57 Mil CAD
Sleepwell Revenue: 13.0 Mil CAD x 1.08 x 1/4 = $3.51 Mil CAD
Mayhew Revenue: 7.0 Mil CAD x 1/6 = $ 1.17 Mil CAD
Total Revenue: $ 32.55 Mil CAD
Yr/Yr Growth in Revenue: 35%
Projected Adj EBITDA @ 22% (assumed): $7.2 Mil CAD
( Annualized $ 28.8 Mil CAD)
Yr/Yr Growth in EBITDA: 47%
Annualized Adj EBITDA/ share: $ 0.23 CAD
Present multiple given to SP assuming zero growth for next 3 quarters: 8.4x