Judging by the BYOjet presentation back in Sep last year, the...

Judging by the BYOjet presentation back in Sep last year, the revenue margin is roughly 7.4%, but this was also before they shutdown the "bricks and mortar" stores.

But let's go on these numbers and if we look at $8.4m for 12 months, it's roughly $100m.

Therefore rev is $7.4m.

BYOjet overheads around ~$1.5m-2m?

$5.4m leftover, of which 54% is DVI? Then $2.96m gross profit to DVI?

So long as DVI doesn't have many "corp" expenses, DVI potentially on only 2x GP for its share in BYOjet alone. Even if NPAT margin is 50% for BYOjet, which comes down to $1.5M, then DVI still only on 3.75x for its share in BYOjet alone. And that's all on 7.4% gross revenue margin which doesn't factor in any cost savings.

This is a hidden gem at 1c ....