RE:RE:Updated estimates of FY2022 finances $7.4m in ebitda using a 10 times multiple gives us a share price of ($74 - $5.73 - $14.5)m divided by the total number of shares outstanding (55.84m) gives a share price of about 93 cents. If we use a 14 times multiple then a fair price would be $1.49.
$8.6m in ebitda using a 10 times multiple gives us a share price of $1.18. At 14 times we get a price of $1.79.
Given the parameters above, I would say we should trade anywhere between 93 cents to as high as $1.79 over the next year if these ebitda targets are achieved.
Next post I will examine how much of ebitda gets converted to free cash flow.