EV/EBITDA

Funds advised by Davidson Kempner European Partners, LLP ("DK") currently hold 11.4 million shares, equivalent to 3.8% of the total shares outstanding of AVEVA Group plc ("Aveva" or the "Company")

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星期四, 十一月 10, 2022

LONDON, Nov. 10, 2022 /PRNewswire/ -- DK believes the current price offered by Schneider Electric SE ("Schneider" or the "Acquirer") to Aveva's minority shareholders of £31 per share substantially undervalues the Company's long-term prospects. The timing of the approach by Schneider is highly opportunistic and comes on the back of a broader market decline as well as weakness in Aveva's own share price resulting from the transition to a subscription and SaaS model (Aveva had fallen 48% from the highs of £42 per share in September 2021 to £22 per share before the announcement of the Schneider approach in August 2022). The Company's transition has been widely perceived by the market to have been poorly executed and communicated under the stewardship of the current Aveva CEO, Peter Herweck, who has been on secondment from Schneider since May 2021. DK does not think the uncertainty around this transition reflects concern over the long-term value of the franchise, a view which is supported by Aveva management's own five-year targets (announced at the Capital Markets Day in June 2021). We share Schneider's belief that Aveva is a well-positioned business operating in a secular growth market with strong tailwinds. If Schneider wishes to secure full ownership of a strategic asset at such an opportune moment it should make an offer for Aveva at a price which provides minority shareholders their share of the long-term value.

Key Points: 
  • We share Schneider's belief that Aveva is a well-positioned business operating in a secular growth market with strong tailwinds.
  • There are multiple datapoints which clearly indicate that 31 per share substantially undervalues Aveva.
  • Aveva shareholders have clearly and publicly expressed dissatisfaction with the substantial discount that the current price represents for such an attractive software asset.
  • The message from the market is quite clear and accordingly we expect the Scheme, on the current terms, to fail.

Funds advised by Davidson Kempner European Partners, LLP ("DK") currently hold 11.4 million shares, equivalent to 3.8% of the total shares outstanding of AVEVA Group plc ("Aveva" or the "Company")

Retrieved on: 
星期四, 十一月 10, 2022

LONDON, Nov. 10, 2022 /PRNewswire/ -- DK believes the current price offered by Schneider Electric SE ("Schneider" or the "Acquirer") to Aveva's minority shareholders of £31 per share substantially undervalues the Company's long-term prospects. The timing of the approach by Schneider is highly opportunistic and comes on the back of a broader market decline as well as weakness in Aveva's own share price resulting from the transition to a subscription and SaaS model (Aveva had fallen 48% from the highs of £42 per share in September 2021 to £22 per share before the announcement of the Schneider approach in August 2022). The Company's transition has been widely perceived by the market to have been poorly executed and communicated under the stewardship of the current Aveva CEO, Peter Herweck, who has been on secondment from Schneider since May 2021. DK does not think the uncertainty around this transition reflects concern over the long-term value of the franchise, a view which is supported by Aveva management's own five-year targets (announced at the Capital Markets Day in June 2021). We share Schneider's belief that Aveva is a well-positioned business operating in a secular growth market with strong tailwinds. If Schneider wishes to secure full ownership of a strategic asset at such an opportune moment it should make an offer for Aveva at a price which provides minority shareholders their share of the long-term value.

Key Points: 
  • We share Schneider's belief that Aveva is a well-positioned business operating in a secular growth market with strong tailwinds.
  • There are multiple datapoints which clearly indicate that 31 per share substantially undervalues Aveva.
  • Aveva shareholders have clearly and publicly expressed dissatisfaction with the substantial discount that the current price represents for such an attractive software asset.
  • The message from the market is quite clear and accordingly we expect the Scheme, on the current terms, to fail.

Zoomd Announces Preliminary 2Q2021 Financial Results Highlighted By 96% Revenue Growth, Maintains 2021 Revenue Growth Guidance Of 30% To 40%

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星期一, 七月 26, 2021

Adjusted EBITDA in 2Q21 is expected to be $1.3M versus a $(0.76M) loss in 2Q20, reflecting strong topline growth.

Key Points: 
  • Adjusted EBITDA in 2Q21 is expected to be $1.3M versus a $(0.76M) loss in 2Q20, reflecting strong topline growth.
  • Zoomd expects to release the 2Q21 financial results in August 2021.
  • The Company's presentation of this preliminary financial measure may not be comparable to similarly titled measures used by other companies.
  • This preliminary financial measure is intended to provide additional information to investors concerning the Company's estimated results.

Engine Media Holdings, Inc. Reports Record Third Quarter Fiscal 2021 Financial Results

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星期一, 七月 26, 2021

NEW YORK, July 26, 2021 /PRNewswire/ --Engine Media Holdings, Inc. ("Engine" or the "Company"; NASDAQ: GAME; TSX-V: GAME), a gaming and next-generation media solutions company, today announced results for its fiscal third quarter 2021 ended May 31, 2021.

Key Points: 
  • NEW YORK, July 26, 2021 /PRNewswire/ --Engine Media Holdings, Inc. ("Engine" or the "Company"; NASDAQ: GAME; TSX-V: GAME), a gaming and next-generation media solutions company, today announced results for its fiscal third quarter 2021 ended May 31, 2021.
  • Our revenue continued to grow quarter over quarter to $9.6 million and we are excited for the future of the company."
  • Engine's revenue in the third quarter increased by 14.6% to $9.6 million up from $8.4 million in the previous quarter, and increased 29% from $7.5 million in the first quarter of current fiscal year.
  • Net income from continuing operations for the third quarter of 2021 was $6.2 million compared to a net loss of $27.4 million in the second quarter of 2021, and a net loss of $10.4 million in the third quarter last year.

Media and Games Invest signs transforming acquisition of Smaato, a leading digital advertising platform, adding on a pro forma FY 2020 basis 51% revenues and 140% EBITDA to its Verve Group

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星期二, 七月 13, 2021

FY 2021 revenue guidance for Smaato are expected revenues of EUR 39 million and an expected adjusted EBITDA of EUR 13 million, which represents a 33 percent adjusted EBITDA margin.

Key Points: 
  • FY 2021 revenue guidance for Smaato are expected revenues of EUR 39 million and an expected adjusted EBITDA of EUR 13 million, which represents a 33 percent adjusted EBITDA margin.
  • EBITDA grows on a pro forma FY 2020 basis from EUR 29 million to EUR 37 million following the Transaction, the media segments adj.
  • EBITDA grows on a pro forma FY 2020 basis from EUR 6 million to EUR 14 million while the EBITDA margin of the media segment increases from 9% to 15%.
  • Based on growth expectations for 2022, which includes realization of substantial synergies with Verve Group, the EV/EBITDA multiple is expected to be at 6.8x.

Malaysia Telecoms Industry 2021 Update: 15.5 Million 5G Subscribers Forecasted by 2026 - ResearchAndMarkets.com

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星期二, 七月 6, 2021

The ratio of the telecommunications sector revenue to GDP is declining from a peak in 2010, sliding down every year since then.

Key Points: 
  • The ratio of the telecommunications sector revenue to GDP is declining from a peak in 2010, sliding down every year since then.
  • Mobile subscribers numbers and revenue are growing strongly and the back of population growth and the market shift to postpaid.
  • The publisher forecasts 15.5m 5G subscribers by 2026.
  • This report outlines some real market examples of how investors view and value these investments with real industry examples and EV/EBITDA comparatives and benchmarks.

Filtronic (FTC): Initiation - Building a stronger connection

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星期四, 六月 3, 2021

Having doubled the RF manufacturing capacity in FY20, management's strategy, led by new CEO Richard Gibbs, is to broaden the customer base and product range.

Key Points: 
  • Having doubled the RF manufacturing capacity in FY20, management's strategy, led by new CEO Richard Gibbs, is to broaden the customer base and product range.
  • Generating higher revenues from the same cost base should deliver improved EBITDA margin.
  • Comparing Filtronic's multiples with RF specialist peers, we note it is trading broadly in line with the mean on both prospective EV/sales and EV/EBITDA.
  • About Edison: Edison is a leading research and investor relations consultancy, connecting listed companies to the widest pool of global investors.

DGAP-News: SFC Energy AG achieves best starting quarter in the company's history

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星期二, 五月 18, 2021

b'The Group\'s earnings before interest, taxes, depreciation and amortization (EBITDA) decreased to EUR -2,458 thousand in the first quarter of 2021 (Q1/2020: EUR 375 thousand).

Key Points: 
  • b'The Group\'s earnings before interest, taxes, depreciation and amortization (EBITDA) decreased to EUR -2,458 thousand in the first quarter of 2021 (Q1/2020: EUR 375 thousand).
  • The adjusted EBITDA margin increased significantly to 13.8% (Q1/2020: 5.1%).\nGroup earnings before interest and taxes (EBIT) decreased to EUR -3,378 thousand in the first quarter (Q1/2020: EUR -432 thousand).
  • With regard to earnings figures, the Management Board specified the forecast in its ad hoc announcement on May 10, 2021.
  • Adjusted EBITDA and adjusted EBIT are expected to be in the upper half of the previously communicated range, i.e.

OLB Group, Announces First Quarter Results and Provides Company Update

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星期五, 五月 14, 2021

The Company defines EBITDA as net loss, before interest, taxes, depreciation and amortization.

Key Points: 
  • The Company defines EBITDA as net loss, before interest, taxes, depreciation and amortization.
  • The Company defines adjusted EBITDA as EBITDA, as defined above, adding back non-cash stock option costs and certain non-recurring items, such as costs incurred with completing acquisitions.
  • Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results.
  • OLB provides a seamless, end-to-end digital commerce solution that includes site creation, hosting, transaction processing and payment gateway, order fulfillment, customer service, outbound marketing, sales reporting, and fundraising.

Sugarbud Announces Positive EBITDA Result for Q4, 2020 and Filing of Financial & Operating Results for the Year Ended December 31, 2020

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星期五, 四月 30, 2021

The forward-looking statements are founded on the basis of expectations and assumptions made by Sugarbud.

Key Points: 
  • The forward-looking statements are founded on the basis of expectations and assumptions made by Sugarbud.
  • Please refer to Sugarbud\'s AIF and MD&A for additional risk factors relating to Sugarbud, which can be accessed under Sugarbud\'s profile on www.sedar.com.
  • EBITDA (meaning earnings before interest, taxes, depreciation and amortization) is not a recognized measure under IFRS.
  • Management uses certain industry benchmarks, such as EBITDA to analyze financial and operating performance.