Jeff Osher's questions to NEW PACIFIC METALS (NEWP) leadership • Q1 2015
Question
Jeff Osher from Harvest Capital sought confirmation on the constant currency growth rate, the revenue capacity of the current OpEx structure, and capital deployment priorities.
Answer
CFO Chuck Cargile confirmed the constant currency revenue growth was approximately 13%. He affirmed that the current ~$50 million OpEx run rate can support significantly higher revenue, which is crucial for reaching the 15% operating income goal as leverage will primarily come from OpEx, not gross margin. Cargile also stated that the top two priorities for capital deployment are tuck-in acquisitions and share buybacks.