Doing my due diligence prior to the half announcement. Turns out that the RXP Base business earned an EBITDA margin of 8% in the 1st Half of 2015 and that increased to 19% for the 2nd Half. If that level of performance continues in the Base business and the acquisitions (Centrum, Engage and 10collective) produce approximately 12% EBITDA margin then the following happens:
Revenue up 40% and NPAT up 157% for the half vs p.c.p.
Still at $.57 and a forecast PE of 7.!!
RXP Price at posting:
57.0¢ Sentiment: Buy Disclosure: Held
