RE:lessons to learn All good points wanttoknowwhy. Align wanted to put lipstick on ETC and securing 3-4 major projects was the way to do it. In retrospect, profitability was going to be an issue from the get-go; I don't believe that ETC had not handled a major project in some time, scoping m,ay have been poor and cost management was exacerbated by COVID. QTRH bit on the opportunity to get to scale and as we now see, clearly overpaid. I still believe that EBITDA will correct by early 2024, maybe a bit sooner.
The new project target as of earlier this year was 2-3 major projects per year. This contrasts with the 7 currently in implementation. I think with the experience of the past 2 years that ETC can handle that load.