Business
Aussie Broadband kicks off IPO at 12.3-times earnings – The Australian Financial Review
Amid all the non-deal roadshows this week, initial public offering contender Aussie Broadband has put a firm deal to fund managers.
Amid all the non-deal roadshows this week, initial public offering contender Aussie Broadband has put a firm deal to fund managers.
The internet service provider is seeking to raise $40 million for its initial public offering at $1 a share.
The deal valued Aussie Broadband at 12.3-times forecast earnings, on an enterprise value to 2021 forecast proforma EBITDA basis, or 9.9-times operating cash flow, on a market capitalisation to proforma operating cash flow basis.
Aussie Broadband MD Phillip…
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