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I'm a big fan of $BET but your financial understanding is...

  1. Mount30
    62 Posts.
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    01/06/21
    15:32
    Post #: 53567978
    I'm a big fan of $BET but your financial understanding is clearly off. Revenue and P/E are two completely different things, for us to have a P/E of 14.5 we would need annual revenue to be 10-15x current level, we will be fortunate to have a EBIT of a few million this year (Our P/E will be in the 100s)
    However, in saying this long term, if we are able to successfully get a large chunk of the US market we will have some much better ratios!
    BET Price at posting: $1.09 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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