SFN 0.00% 0.0¢ stanfield funds management limited

Ann: Investor Presentation - Swift Networks Group Acquisition, page-5

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  1. 613 Posts.
    lightbulb Created with Sketch. 59
    Looks like a good acquisition. Assuming presentation numbers are within ball park then they look to have gotten it cheaply. Joining a couple of dots from original annoucement and presentation.

    Revenue $12m Rooms 21k = $570 per room.

    Growing room numbers from 26000 to 60000 over 3 years and increasing margin to 14%.

    This suggests EBITDA by 2018 is $4.8m

    That's about the purchase price. Should be trading on multiple times.
 
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