RE: Half year results24 Jul 2021 08:10
Hi All
New to the board and very interested in what the share has to offer. It does seem to have great potential but can’t help but think the current price has a few years worth of growth already in it. Few questions:
Does anyone know of what targeted turnover is in 5 years time?
Do we know what the actual nett profit % could be when fully streamlined and optimum?
Funding strategy for further growth, if there is the potential there. New shares or loans?
At £45mil value at present, looking at similar industries in relation to value and EBITDA, there still needs to be a huge potential in growth and earnings increase to make this grow substantially over the next 5 years. £45mil value at a Rough estimate the EBITDA would need to be over £1mil, if there was no further growth potential. Appreciate its difficult to value early businesses but the above questions will likely provide some guidance.
Not quite fully up to speed with this industry but heavily focused on the environmentally focused companies, so discussions would be welcome.
Thanks