The revenue of Ingram Micro’s mobile prepaid airtime line of business in Sweden and Denmark, that is being acquired by Seamless, will have a revenue of approximately half a billion SEK for 2014.
The acquisition price is based on P/E 6. A first down payment of SEK 4 million in cash has been made.
The acquisition is subject to deliverables, meaning that Seamless will not pay for potentially discontinuing clients pre June 30th, 2015.
As the final revenue base will not be known until the final date of consideration (i.e. June 30th, 2015) as of today it is not possible to declare the final price of acquisition.
The acquisition is expected to positively contribute to Seamless earnings per share during 2015.
