For instance, did you receive a multiple of EBITDA or a multiple of revenue? Did the purchasers even care about EBITDA numbers?
The most frequent basis of a valuation is the EBITDA … for an ESTABLISHED business w/o end of life ... and "nobody" cares the revenue (since it does not say too much about the business).
Tmac.....They were all bought for their asset value and cash flow. None were publicly traded companies. No one cared about anything beyond the company’s ability to retire the debt at the time of purchase and into the future.
I look at Amarin from a strictly cash flow perspective. Their business is about to explode. Any talk of their inability to successfully GIA is nonsense. They are turning a profit already. Their profits are about to increase exponentially.