Hi Gobbledok, I like the look of SXT and what they are trying to...

Hi Gobbledok,
I like the look of SXT and what they are trying to achieve.
400Gw is around 0.2% of the NEM. Going on the presentation revenue is 220K/Gw which equates to 88 million/year. I am assuming that based on the quoted margin ~17.8% of that is pure profit. That value calculates to around 16 million/year, or around 10 x the current market cap.
Am I crunching the numbers correctly?
Cheers