The profit will be somewhere around $4-5 Million. Debt service is an income statement line item but debt principal is not part of the income statement. The company will be able to retain earnings which is important for public companies.
From a cash flow perspective it looks like the company will still flow about $1 million in free cash.
In my opinion the acquisition makes sense. Bank of America basically financed the acquisition for a ridiculously low rate. From a corporate finance perspective Live Ventures looks like a money maker to me. If they continue making acquisitions of profitable companies like Marquee; LIVE could be a real diamond in the rough.
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