Tenet Fintech Group Inc. C.PKK

RE:RE:RE:Fins on sedar

[lscfa]

Q-by-Q.....
 

 

	Q4 20	Q3 20	Q2 20	Q1 20
ebitda (reported)	(2,799,577)	(327,562)	176,113	172,045
+ expired finance cost	353,377	0	0	0
+ loss on debt settlement	784,750	0	0	0
+ Gain FV contingent comp	0	(217,325)	0	0
adj. ebitda (reported)	(1,661,450)	(544,887)	176,113	172,045
+ Stock comp	317,050	78,290	78,290	69,202
+ consulting exp in shs	1,986,134	796,857	121,301	291,878
+ PR services in shs	101,520	0	0	0
+ Loss on deposits/subscriptions	97,150	0	0	0
+ Expected credit loss	(373,463)	451	254,080	361,525
= Adj. ebitda	466,941	330,711	629,784	894,650
- cash interest paid	(63,674)	(133,109)	(120,081)	(118,913)
- cash income taxes paid	(345,212)	(126,221)	(224,633)	(155,944)
= cash flow from ops (reported)	58,055	71,381	285,070	619,793

 

 

lscfa wrote: Reconciliation to cash flow from ops....

 

 

	2020	2019
adj. ebitda (reported)	(1,858,179)	1,535,617
+ Stock comp	542,832	378,091
+ consult exp settled with shs	3,196,170	0
+ Expected credit loss	242,593	264,378
+ PR exp settled with shs	101,520	0
+ Loss on deposits/subscriptions	97,150	86,400
= Adj. ebitda	2,322,086	2,264,486
- cash interest paid	(435,777)	(443,997)
- cash income taxes paid	(852,010)	(280,835)
= cash flow from ops (reported)	1,034,299	1,539,654

 

lscfa wrote: The normal adj. ebitda calc adds back stock comp and 1 time expenses. Co did not do this.....

 

	2020	2019
adj. ebitda (reported)	(1,858,179)	1,535,617
+ Stock comp	542,832	378,091
+ Shares for debt consulting exp	3,196,170	0
+ Expected credit loss	242,593	264,378
= Adj. ebitda	2,123,416	2,178,086