Keystone Dental Labs On track
Dental laboratory network · Senior loan · $12.0M deployed · Last report Oct 15
Performance
Last 12 months’ revenue, monthly.
$36.0M
+1.9% vs budget
(Revenue − cost of goods) ÷ revenue, last 12 months. New, added by Your Cohort
41.0%
+0.6 pts vs budget
Last 12 months’ EBITDA after approved adjustments, monthly.
$4.9M
+3.5% vs budget
Adj. EBITDA ÷ revenue.
13.6%
Budget 13.4%
Results vs budget and last year
As of Sep 30 · monthly
| Last 12 months | Actual | Budget | vs budget | Last year |
|---|---|---|---|---|
| Revenue | $36.0M | $35.3M | +1.9% | $34.3M |
| Gross margin | 41.0% | 40.4% | +0.6 pts | 40.2% |
| Operating costs | $9.9M | $9.9M | −0.3% | $10.0M |
| Adj. EBITDA | $4.9M | $4.7M | +3.5% | $4.6M |
From reported to adjusted EBITDA
What was added back, and why
Last 12 months · $M
- Reported EBITDA$4.3M
- + Lab consolidation (one-time)$0.3M
- + Owner pay normalized to market$0.2M
- + Non-cash stock pay$0.1M
- Adjusted EBITDA$4.9M
Reported and adjustedAdded back
| Step | Amount | Running total |
|---|---|---|
| Reported EBITDA | $4.3M | $4.3M |
| Lab consolidation (one-time) | +$0.3M | $4.6M |
| Owner pay normalized to market | +$0.2M | $4.8M |
| Non-cash stock pay | +$0.1M | $4.9M |
| Adjusted EBITDA | $4.9M | $4.9M |
Adjustments are 11% of the total. The consolidation costs stop after this year.
Turnaround plan
Not needed. The company is on plan; Your Cohort reviews it monthly.
New marks a measure Your Cohort adds to Thorne’s reporting · fictional companies and figures · thresholds are placeholders · select or hover any dotted label for its definition