Eros International Plc (NYSE:EROS) Q1 2020 Earnings Conference Call - Final Transcript

Oct 08, 2019 • 08:30 am ET

Previous

Eros International Plc (NYSE:EROS) Q1 2020 Earnings Conference Call - Final Transcript

Share
Close

Loading Event

Loading Transcript

Presentation
Executive
Prem Parameswaran

shift to digital in our underlying business and a focus on OTT, we have now realigned our internal reporting segmental revenues into digital and studio business lines. For this quarter, the split was approximately 35% digital, 65% studio. By the end of the fiscal year 2020, we expect that mix to be circa 50-50. From the next quarter onwards, we will break out the business lines in detail including revenue and adjusted EBITDA for both segments.

On the P&L, we are targeting between $200 million to $220 million in revenue and $80 million to $95 million in adjusted EBITDA for the full fiscal year 2020. We are also planning to be free cash flow positive by the end of this fiscal year. Over the following two fiscal years, we expect our top-line growth to be in the 20% plus range.

Thanks for listening and now we're happy to take your questions.