Sunday, April 30, 2017 12:43:20 PM
BO @ 0.75-1x sales = $30-40M! Verykool brand in LatAm! New Software!!
For a buying company, Like BLU, it is not bad:
Currently IFON yearly OpEx is $5M; They can reduce it down to $3M
Reduction in OpEx:
$1M:(CEO, CFO, BoD compenasations + lease of two buildings(SD + Miami)
$1M: Other
$40M Gross, Gross profit @ 12.5%=$5M, OpEx=$3M, Net Profit=$2M. Pretty good!
IFON to $2-$2.5, soon?!
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