Essensys Share Discussion Threads

[yump] 06/8/2019 09:32

saltaire111

So what is the EBITDA number then and which expenses are reasonable to take out of the profit calculation ?

They say that they made an EBITDA of £3.2mln for 2018, but the operating profit is only £780K, so where on earth does that EBITDA figure come from ? Have they knocked out a chunk of admin. costs for some reason because there is no sign of that in the accounts.

Look at page 48 of the prospectus.

I note a sudden increase in borrowings in 2018 to £3.8mln, presumably the float (as usual) is mainly to repay that.

[leedslad001] 06/8/2019 09:14

Just put a buy order in at £1.88 no takers?

[gswredland] 23/7/2019 17:42

If...
Not looking good at the moments

[saltaire111] 03/7/2019 21:54

It’s the ebitda number that matters. On target to break £3m ebitda in 2019. That’s pretty good if they get there.

Salty.

[gswredland] 25/6/2019 16:30

Lol
I would be happy with 280!

[l4z4rus] 25/6/2019 10:03

I can tell you now this will not be £5 - £6 by Christmas. £2.50 my first target, will be happy with £2.80 by YE. Growing market, solid tech, plenty of II interest at IPO.

[hitsha1] 23/6/2019 19:20

This is huge will be £5-6 by Xmas

[rimau1] 22/6/2019 09:15

I do love a below the radar quality stock with a nice quiet BB. Coworking is one of the hottest fastest growing sectors and ESYS has huge potential. Pity Naked Trader got involved as I wanted to top up in the 180’s. Should get a trading update soon. This was an IPO where seed investors didn’t want to exit.

[hitsha1] 18/6/2019 05:44

It will start moving up now, hot sector plenty of up side to come

[gswredland] 08/6/2019 09:54

Good that Questor and Naked trader highlight them as they did with SCH

[tenpercent] 07/6/2019 12:21

Got in here this morning. Price hasn't drawn breath since listing. New company to market. Could be big. Let's see

[tenpercent] 07/6/2019 12:19

Not one of your average AIM companies. Tec company with potential