Small Cap Stocks Down Under 26 August 2022: Pacific Smiles (ASX:PSQ)
Pacific Smiles: Still facing disruption, but set for a strong FY23
Pacific Smiles (ASX: PSQ) has been significantly disrupted by COVID-19, but the guidance it gave for FY23 suggests it thinks the worst is over. The dental franchise is expecting patient fees of $270-$285m and EBITDA of $24-$27m, which would be up 23% and 126% on FY22 respectively. If it can achieve these figures, there could be significant upside in the stock. But the bar has been set quite high.
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