As mentioned by the Management previously, there has been changes with respect to the revenue and COGS. However, just wanted to take the liberty of using this information to come up with some calculation.
If we add the revenues from Zen Energy and Zen tech, we arrive at $53M for the first year. We were told by Byron that CHRON expects to generate about $50M during first year of operation. From that perspective, let's calculate the net profit at $7.6M, based on the pro forma. Let's round that down to $7M profit from $50M revenue. At $7M/840M OS we arrive at $.0083. And with a PE multiple of 25, we arrive at $.2083 share price. And if we use PE of 100 times then we arrive at $.83 per share. Although we should stay at the conservative number but the PE could easily be 100 for a tech company. If we stay somewhere in the middle, our PPS for a $50M revenue will be around $.50.
I would consider that $.50 PPS as the reasonable target once Company confirms we are on track to generate $50M in revenue for the year. For the subsequent years, the PPS could significantly increase when Company announces new multi million dollar contracts and revises their annual revenue. Regardless, I am here for the long haul and would be happy at $.50 but will hold for at least couple of more years and even longer even if it crosses $1 and above.
Good luck to CHRON Organization, the Management, all the employees and the shareholders. This is a winner. We just achieved a landmark by uplisting to OTCQB. In the greater scheme of things, this is just the beginning.
$Chro!!!
