OK, so here's some crazy hypothetical that's running through my...

OK, so here's some crazy hypothetical that's running through my head.

Since Zhigang Zhang partnered with PET, their revenue went from $3.8M to a projected $27M-$30M by Dec'19. So taking the middle ground of $28.5M gives you a 7.5 fold increase. At the latest figures, 6/7's of revenue were down to China, and 1/7 rest of the world.

IF, (& I've no idea how closely the EVS experience will match PET's), but IF, EVS were to follow a similar path of a 7.5 fold increase in both Revenue and ARR, that would give them Revenue of $53M and an ARR of $42M. If the first $12M of ARR covers expenses to breakeven, and the rest of the $30M of ARR translates to a Profit Margin at 65% (which I actually think is a little conservative), then you'd end up with Profits of $19.5M.

Where it gets a bit crazy is if you put those figures next to PME's

.......................................................Revenue. Profit. Market Cap
PME (latest figures) $50.1M $19.1M $3,349M
EVS (Hypothetical in 2 years) $53.2M $19.5M $87M (current)

I know it can't possibly happen for the simple reason that I can't get that rich!!

But it's nice daydreaming about it.

Obviously you can question one or two of the assumptions, but given the basic premise, you get the gist.