What price will BLTA be paying for Fuel Prices during first year of operations? We do not know exactly, but that does not matter. The graph clearly shows that Fuel Prices have declined much greater than 50% since 2013 (year of BLTA's 2013 Pro-Forma).
Profit Equation is (Revenue - Expenses) = Profits
So, in simplistic terms, any reduction in BLTA Expenses should result in corresponding Increase in BLTA Profits.
2013 Pro-Forma shows BLTA Fuel Expenses $44M, resulting Net Income $17M.
Reducing Fuel Expenses only 50% to $22M, results in new BLTA Net Income ~ $34,000,000.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.