Vmoto and Social Media, page-1445

Sorry.. stuffed up my math... As V likes to say, the numbers blew up my spreadsheet or this time my brain.

Lets try the second part again.

If the statement actually means yearly new electric scooters/motorcycles sold by 2030 will be 30% of total two wheel vehicle sales.... then based on current figures that report for two wheel vehicle sector "The market is projected to grow from USD 123.54 billion in 2024 to USD 215.96 billion by 2032, exhibiting a CAGR of 7.2% during the forecast period."
30% of new sales market by 2030 is electric this equates to USD 60 billion-ish according to the above statement.
If Vmoto can secure 1% of market share that equates to 600 million in revenues yearly by 2030.
At a profit margin of 10% this equates to a profit of roughly 60 million USD. AKA AUD 90 million.

So... assuming AUD 34.6 million to 90 million yearly profits by 2030, profit per share could be
At current shares outstanding 405,000,000
8.5 cents - 22 cents per share.
At a p/e ratio of 15 we get a share price of $1.27 - $3.30


Imagine we shoot the lights out and secure 2, 3, 4, 5 % of market share instead of the 1 i used in my math..

WOWEE!