Yes, very good.
So lets say after 18 months from launching, there are 300 users and the profit per user is $20,000 pa
So thats $6 million profit pa. would that represent a mkt cap of $20 mil
If there were 700 users and profit per user was $10,000, that would show $7 mil profit pa
And that may reflect a mktt cap of $35 mil
How do these numbers sit with you?
Ann: Zelda Therapeutics Presentation, page-100
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