ISD 6.67% 9.8¢ isentia group limited

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  1. 26,847 Posts.
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    Fair enough.

    Current year's forecast revenue is at similar level of FY2015's before the acquisition of King Content, profit margin did drop, but still at good rate, without considering any improvement from currently new appointed management team.
    Low-mid $20m EBITDA, doesn't count any cost reduction in Copyright costs which are most likely to reduce, not sure how much, might be between $2m - $5m. Additional $5m cost out program to be utilised next year. Given the quality of new management team, EBITDA could improve to $30m, imo.
    This business could generate $10m - $15m net cash after tax.

    Share price is not at $2, but 33c, downside, back to 21c, upside, depends on financial performance.
 
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