RE:RE:TTI digital magazine/Chuck Myers interviewI agree DIYGuy.
Here's the deal - analysts project 2024 QTRH revenue at +7.7% and 2025 at 11.4%. To meet management's goal QTRH needs +25% per annum. At some point, provided QTRH is successful in building revenue above analysts' estimates, there will be upgrades. Additionally there may be a case to increase the mutiple, which is currently hovering around 10x forward earnings. This assumes continued progress on margin improvement. Analysts' per share AEBITDA for 2024/2025 is C$0.12/$0.22. 2023's AEBITDA was C$0.03/share
FYIW, my revenue model projects 2024 and 2025 at +18.6% and 25.2% respectively and my AEBITDA is C$0.16/$0.33 per share for 2024/2025 respectively. I believe there is upside in my model.