Bullboard - Stock Discussion Forum Ackroo Inc V.AKR

Alternate Symbol(s): AKRFF

Ackroo Inc. acquires, integrates and manages gift card, loyalty marketing, payment and point-of-sale solutions used by merchants of all sizes. It develops and sells an online loyalty and rewards platform. Its self-serve, data driven, cloud-based marketing platform helps merchants in-store and online process and manage loyalty, gift card and promotional transactions at the point of sale. Its... see more

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TSXV:AKR - Post Discussion

Ackroo Inc > Q4 annualized

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Post by Torontojay on May 08, 2024 6:28pm

Q4 annualized

Perhaps completely ignored by the market is the fourth quarter blow out results. If we annualize fourth quarter we get ebitda of $2,538,740 for 2024 compared to $1,722,102 in 2023 or an increase of 47.4%. Of course, there is seasonality too but a large explanation is due to the recent acquisition/integration to help improve their margins.

fourth quarter highlights:

ebitda margins - 33.1%

ebitda - $ 634,685

24th consecutive positive ebitda quarter!

net income: $376,614 or ~ 59.3% of ebitda

If we annualize net income we get ~ $1.5 m for a market cap company of only $12.68m or a forward P/E of 8.45.

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