MNF have hit cash flow positive status on 60,000 clients (tremendous result). Bar the accumulated losses of $6mill from memory and the wholesale/termination costs, how much would a company with 1.5 million clients pay for MNF assuming a correlated revenue of $200million and perhaps say $100million-$150million EBITDA with an effective/cheap marketing strategy to their existing 1.5mill client base.
The MNF financial model has proven accurate, working and cash flow positve. Just get Symbio sorted and bundle in Naked DSL/ADLS2 and we're off.
Then float Symbio imo
Cheers, The Sparkler
MNF Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held