GMV Chart, page-1175

From memory, Dr Yacov mentioned in radio interview, Gross  Margin ( 40-50%?) is quite high.

IF  Net Margin/Profit is a 20%:

Y1, $125m ,  NP=$25m
Y2, $200m, NP=$40m
Y3, $300m, NP=$60m
Y4, $350m, NP=$70m
Y5, $400m, NP=$80m

(Figures exclude G Patch monthly subscription on U$5/mth, $60/yr, per customer)

Then apply PE, 20, 30, 40, 50?

Divide by Sh+Op

=Share price

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304m+26m=340m,
plus
performance shares when milestone is reached

(All figures above open to debates)

LTH will be happy as larry
(If anyone is good with xL spreadsheet, can I invite you to post some scenarios)
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Before anyone scream at the high PE, may i suggest you look at:

A2M PE, 40 to 60, PEG
Why?
High YoY growth of >40 %

Next week will be nail-biting!

Cheers
G
~

Google " PEG ratio",

PE Growth ratio, different from PE ratio.

In simple terms,

If low growth sectors, if YoY growth is 10-15%, use PE 10-15,

If high growth new sectors, and YoY growth is 40-60%, then use PE 40-60%
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