in 5 weeks time the company will be cash flow neural maybe even a small positive.
On my estimates the company will do $2m usd this qtr without any product sales. So $8m usd a year via idtf and mct businesses.
$8m usd a year is about $11m aud. so with out any purchase orders it's trading on around 10x revenue. which is about right in my view.
So let's look at the next 12mths. Idtf and mct revenue grows by 50% to $12m usd plus $11m usd from the purchase order. so $23m usd or about $32m aud.
these revenue assumptions are completely realistic based on company announcements to date.
so at $32m aud the company is trading on about 3 times revenue. WTF
are people waiting for the CDFA for prizma and patch to get excited??? Is China the only reason why people are investing into this company?? Sure it has huge potential in the future, but....Have a look at the USA business!! It's up and running with $32m in revenue this coming year. plus it has all the people, products and infrastructure to generate $100m+ in revenue in a very short amount of time. Another 2 or 3 purchase orders and we are there.
everyone can put there own revenue multiple on this business based growth risk etc.
bottom line it's cheap now with huge potential growth in the future
GMV Price at posting:
28.5¢ Sentiment: Buy Disclosure: Held
