Value Microcaps Motherboard

[SkepticalOptimist]

Another thing to add on ILC - If you compare EBITDA multiples based on Enterprise Value, then RNDC was bought out at a multiple of approximately 8.5x TTM EBITDA ($106M/$12.5M). Assuming ILC's annualized EBITDA is $3M, this approximates a comparable Enterprise Value of $25.5M, which is only slightly above ILC's current EV. I don't see how they can hit $2 anytime soon unless they can increase annual EBITDA to approximately triple the current run rate.

Enterprise Value is clearly the more reasonable comp vs. EBITDA than Market Cap since all interest expense is being excluded from the calculation.