After paying for KP they will have 15.4M left approx. Run rate...

After paying for KP they will have 15.4M left approx.  Run rate on $25 to $3oM revenue at 13.5% EBITDA margins for KP and CL gives 3.37 to 4.05 EBITDA. Take the low point of $3.5 EBITDA.  Since the acquisition of KP Electric in mid-July, Tempo has also been awarded a number of additional master service agreements and extensions to existing agreements . Note 'additional master service agreements" so KP alone EBITDA  will be greater that $2.7M most likely. Market cap of $42M less $15.4 gives an EV of $26.6. EV/EBITDA multiple of 7.6.  No debt $100K , provisions liability down to $1M and excess of AR over AP's of $1.6M. Pretty good shape in my opinion going forward.  Retail punters bailing but insto's soaking up the selling.