The total sales price represents a capitalization rate in the mid 7 % range based on
trailing twelve month net operating income as of 31 March 2015, which includes planned capital improvements at the properties.
Additionally, for the
trailing twelve month period from October 1, 2005 to September 30, 2006, new awards aggregated $31.
Upon the expected completion of the Australian transaction later this month, the combined sale price for both the UK and Australian clubs will total approximately GBP 101 million, representing a
trailing twelve month EBITDA multiple (after overhead) of 11.
Each of the acquisitions, which were completed in October, met our strict financial and operational criteria, as they all derive at least 40% of their revenue from software maintenance; they generate more than 25% in
trailing twelve month EBITDA and were acquired for less than 5 times trailing EBITDA; they are all stable businesses that have been operating for over five years; and they all have an established long term customer base.
For the
trailing twelve month period ended August 31, 2005, total merchant accounts grew 129%.
Through acquisition, Defense Technology has
trailing twelve month revenue of $5 million.
The
trailing twelve month default rate which ended 2004 at 1.
Prices for those properties accelerated last quarter, as the median EBITDA
trailing twelve months (ttm) enterprise value multiple increased to 11.
2%), has deteriorated since issuance, but results for the
trailing twelve months (TTM) ending Sept.
MCH's pediatric net revenue for the
trailing twelve months totals approximately $12.
Wilkerson's pediatric net revenue for the
trailing twelve months totals approximately $0.
The limit to any such offering is $1 million in the
trailing twelve months.
