Depends on multiples you apply. High growth, spec companies have...

Depends on multiples you apply. High growth, spec companies have Earning multiples up to 100 (even slightly above), conservative and established blue-chips in established industries have much lower multiples.

I'd hope the earnings this year will be higher than 1.5 mill: the last half-yearly report claimed US 8 million profit for the half-year up to 31 December, although the key question is how much of it the market deems "recurring" and how much it deems "one off".

Even if you ignore the net gains on digital assets held and only focus on " revenue from ICO consulting services", that came in at US 3.5 million. If we assume (to be conservative) that revenue from recurring opps for the second half will also come at 3.5 and expenses at 2 mill, then the recurring earnings would come at around 3 mill for the year. So with multiples between 50 to 100, I'd be looking at 150 to 300 US mill market cap.

J.