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ModusLink Global Solutions, Inc. Message Board

  • bambyboy2005 bambyboy2005 Oct 15, 2013 5:39 PM Flag

    7M in adjusted EBITDA

    not too bad assuming they can keep it up. The next step is to buy some more cash flow to start using up NOL

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    • bambyboy, speaking of NOLs, here's a clip from tonight's 10-K:

      In the future, if the Company is able to demonstrate a consistent trend of pre-tax income, then at that time management may reduce its valuation allowance, accordingly. The Company’s federal, state and foreign net operating loss carryforwards at July 31, 2013 totaled approximately $2.0 billion, $451.9 million and $60.1 million, respectively. A 5% reduction in the Company’s current valuation allowance on these federal and state net operating loss carryforwards would result in an income tax benefit of approximately $38.2 million.

      ==============================

      I think $38M would work out to about 75 cents/share.

 
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