06-13-2013, 05:20 AM
1191 Vangorilla Dec 18 2012
1. Last year DSNY generated approx 4m in revenues and earned after G2 expenses approx 500k. Looking at their income statement, it looks like they generate approx $100k a month in free cash flow.
2. The build out of G2 is just about complete so the funds needed for the production should be minimal. With regards to advertising, the CEO said one G2 deal could be valued at more than '12 revenues. I imagine that would be plenty enough cash for any marketing plans they have since their first G2 revenue should come from existing customers (which wouldnt require much marketing).
2. The build out of G2 is just about complete so the funds needed for the production should be minimal. With regards to advertising, the CEO said one G2 deal could be valued at more than '12 revenues. I imagine that would be plenty enough cash for any marketing plans they have since their first G2 revenue should come from existing customers (which wouldnt require much marketing).
1195 DoughDiligence
DSNY has over $2 million in cash and receivables as of August.
Their most profitable quarter is Sept-Nov, so they have more cash and receivables now than in August. They are receiving 13,000 per month from the Australian settlement for the next 5.5 years.
While I do not think spending $1 million dollars on share buy backs is wise, I think they can even with the G2 developments.
Their most profitable quarter is Sept-Nov, so they have more cash and receivables now than in August. They are receiving 13,000 per month from the Australian settlement for the next 5.5 years.
While I do not think spending $1 million dollars on share buy backs is wise, I think they can even with the G2 developments.