TSX:BBTV.DB - Post by User
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Mythioton Aug 15, 2021 1:25pm
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BBTV has tonnes of upside from here, says Scotia Capital
BBTV has tonnes of upside from here, says Scotia CapitalBBTV has tonnes of upside from here, says Scotia Capital “Management has guided for EBITDA-positive in 2022 which is sooner than we previously expected,” Fan wrote. “Based on our F22 opex estimate of approximately $55 million, we expect BBTV will achieve approximately $55 million of gross profit and $618 million of revenue to reach breakeven. Our revised revenue and gross profit estimates reflect management’s confidence in Plus Solution growth and the continued secular tailwinds of digital advertising.”