RE:Ex bullfrog numbers?What percent of revenues was Bullfrog?
"For the trailing twelve months ended September 30, 2022, Bullfrog generated revenue representing approximately 5% of Spark Power’s total revenue over this period."
Current bank indebtedness is 30.340 million, therefore the sale of Bullfrog for 35 million removes all of this and some for other debts..
"During the three and nine months ended September 30, 2022, the Company paid $699 and $1,668 respectively (three and nine months ended September 30, 2021 - $374 and $1,048, respectively) of interest related to bank indebtedness which has been included in finance expense."
Net income from continued operation (without Bullfrog) was 1.389 Million for the quarter with EBITDA being 9.093 Million (12.8% EBITDA margins), therefore the debt reduction would increase the net income by 699$ (and some) to 2.088 Million.