Post by
Wangotango67 on Dec 04, 2015 7:27pm
Just checked the corp presentation.... Sweet...
2500 machines - estimated - 24 million revenues.... Once they tweak integrity - we could be seeing
for every 100 machines = 1 million dollars - that would be a good streamline target for the coany...
I prefer revenues instead of EBITDA's - all because sooner or later management can streamline on all fronts - and decrease expenditures and costs - even lease payments with new contracts they've assumed hopefully with integrity and eventually - increase the EBITDA's -
so revenues it is - for me that is - I've seen other companies do the same - use revenues - looks better and bigger and meaner... Lol
I prefer revenues - an over all take in gross - and then wait for the streamlining ... Lol
Gotta run... Be back in a bit....
cheers !
Comment by
blomskompskies on Dec 04, 2015 8:00pm
How much do Slot machines depreciate every year??? EBITDA question....Earnings Before yada yada...
Comment by
RegularJoe on Dec 04, 2015 8:46pm
Well depreciation was 800,000 of 44,000,000 assets in the financials. One would have to dig deeper to get exact numbers. as for the corporate presentation it states 80-90% margins Over the life of the contract. Can't argue with that