Mgmt BS It's impossible that $5.4 million of additional revenue would have contributed $8.8 mil in ebitda.
"Also, if you take away the impairment hit that we took related to the Cubeler acquisition and the fact that almost all the insurance related revenue and profits expected in Q4 were delayed by about two quarters, then the total revenue, EBITDA and net income for the year would actually beat what we had forecasted for 2021."
| 2021 Actual | 2021 Forecast (Oct) | Difference |
Revenue | 103,632,774 | 109,000,000 | 5,367,226 |
Adj Ebitda | 2,487,531 | 11,300,000 | 8,812,469 |
Margin | 2.40% | 10.4% | |