RE:RE:RE:Quebec
CauseWhyNot wrote: Agreed. I'm trying to get a handle on how it will effect rev and margins.. if they only make 2-3 million a year ebitda due to wanting Quebec rev, then we are close to fairly valued.
Quebec represents about 40% of total revenue and I estimate about 30-35% of total ebitda. The latest acquisition Solutions Staffing can achieve ebitda of $6.7m and revenue of $74 million over a 12 month period. In other words, the company produces most of its cash flow outside of Quebec and that will insulate them in the future.