NWY Long Idea

The company has 75m in cash and no outstanding borrowings on credit line. On a Market cap of 90m the EV is 15m. With just a 2% EBITDA margin, NWY would do 18m in EBITDA. Specialty retail EBITDA margins are in the high single digits, NWY’s has historically been in the 3.5% range consistently until […]