What are your views on the recent CDMO divestment announcement for 53m?
With the CDMO contributing 5.0m of adjusted EBITDA, that would leave around ~$6m of adjusted EBITDA on a ~$17m enterprise value, assuming no growth from 2024 Power Brands?
What is cash conversion rate on the remaining business? Surprised to see this news has not re-rated the stock significantly higher.
What are your views on the recent CDMO divestment announcement for 53m?
With the CDMO contributing 5.0m of adjusted EBITDA, that would leave around ~$6m of adjusted EBITDA on a ~$17m enterprise value, assuming no growth from 2024 Power Brands?
What is cash conversion rate on the remaining business? Surprised to see this news has not re-rated the stock significantly higher.