OTCPK:MAGTF - Post by User
Post by
cleareyeon Mar 10, 2022 6:28am
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Post# 34502044
Outlook for this year - continued growth
Outlook for this year - continued growth Financial Outlook
Revenue and Adjusted EBITDA for the year ended December 31, 2022 (“Fiscal 2022”) are anticipated to be in the following ranges:
- Revenues of $91.5 - $93.5 million, representing 30% - 33% growth over Fiscal 2021, with the contribution of growth across the four periods distributed similarly to prior years, including Q4 and Q3 representing a greater contribution and Q1 typically representing the lowest contribution.
- Adjusted EBITDA(1) of $13 - $15 million, representing margins of 14%-16%.