re: Ann: Delivers Strong Growth and Record Fi...
I quote from reports on the 27th and 13 th of February 2013 "it should be noted that this growth is based purely on organic growth with in the company, as we are yet to book any revenue and profit consolidation of our recent acquisitions GoTalk wholesale and Connexus" they left out mentioning the call stream acquisition from October but that would be about one quarters EBITDA from that business if it was included which represents about 0.15M EBITDA of this result which was $1.99M EBITDA or 7% the rest of the growth (79.5% -7.5%) is 72% which is massive organic growth on top on the acquisition growth which should be a further 100% EBITDA ($2.1M from Connexus also bringing $5.2M Rev and $1.6M EBITDA from GoTalk also bringing $19M Rev) the dilution has been about 13%.
I think when all these acquisitions (including Call Stream) are included for the full year it will represent a 65% increase in Revenues and a 100% increase in EBITDA + the 72% organic growth mentioned above - 13% dilution I think we are looking at growth in the range of 150% - 170% in eps from now until 2014 FY and that's not including further organic growth or more acquisitions which are likely to occur considering MNF's track record.
MNF Price at posting:
$1.58 Sentiment: Buy Disclosure: Held