Free cash flow yield update I've updated Sangoma's free cash flow number to equity holders on a twelve trailing months basis. Investors can assign a forward looking approach based on company guidance and market forward indicators.
Total shares on a fully diluted basis as per latest md&a.
rsu/psu : 655,000
stock options : 911,902
shares (including future issuance) : 33,036,578
Total (diluted) : 34,603,480
Market cap on a fully diluted basis using the last closing price: C $ 160,214,113
Ebitda = US $42.99m
interest expense = $ 5.815m
Taxes = $7.038m
Capex maintenance= $4.766m
lease payments= $ 3.903m
Several assumptions:
depreciation of tangible assets =~ capex maintenance
Amortization of development costs =~ capital expenditure on development costs
Interest expense =~ interest paid
income taxes =~ taxes paid
Free cash flow to equity =~ US $ 21.468m or $28.98m
Free cash flow yield =~ 18% !