Verus International Inc (VRUS)

[Renegades17]

profitability

The CEO suggested they'd breakeven at $5mm in revenue. He anticipates getting to a $100mm revenue run rate by Q4. I have a hard time believing that the net margin will only be 1.5%. Moreover, they will have a mix of distribution and product revenue, so the margins will likely be much higher than you suggested.

0.5x sales would equate to a $50mm market cap and revenues in FY 2018 could be higher than $100mm judging by some of the initial contracts. That would mean at least a $0.20/share pre reverse split price.