Thats not how it works. Assuming your numbers are correct, this...

Thats not how it works.

Assuming your numbers are correct, this company would have a multiple of 10-15 times, higher if growth number are greater.

So for $35m market cap at 10 times they need to make $3.5m at 15 times they need to make $2.3m

Yesterdays announcement discusses 10,000 per week going to 50,000 per week.

so 500,000 units at even AUD$50 is $25m times 10 is $250m times 15 is $375m market cap. If they can sell 50,000 per week times that by 5.