Wednesday, October 08, 2014 10:03:44 PM
*Company is now showing positive EBITDA.
So....? How far are we from net profit?
Based on their business model, once they increase GPM's to over 22% this should give them positive EBITDA.
Once they show positive EBITDA and the company obtains critical mass in excess of 40 branches, we should see net income.
So the answer is....
Close, very close!
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