They made 18 mill last quarter ....
and they are gonna launch more ....
So say international doubles to 20 mill
plus another 20 mill per quarter
net Rev = 100 mill by next year and i am being very conservative
EBITDA = 20 mill and i am being very conservative
NPAT = 10 mill and i am being very conservative
so 2 cents per share profit into 20 min 40 cents share price
with 18 mill cash .....no debt.. WOW
and we have not even talked about India and china....bilions of users.......
MBE Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held