DDDC estimated 6 forware PE 50% growth:
DDDC is the fastest growing profitable sub $2 stock anywhere, revenues growing 50% per year. My analysis below indicates DDDC should earn $.25 in 2007, based on a conservative forward PE DDDC should be $6 +
DDDC gross revenues and gross margin (net revenue) have been averaging 50% growth per year. If anything gross margin growth should accelerate in the future as VOIP is now really starting to take off. If sales growth continues at even 30%, below the historical pace, DDDC will earn around %.25 in 2007 and $.40 in 2008. Apply a conservative forweard 25 PE and DDDC should be trading MUCH higher..
DDDC gross margin
2003 4,769
2004 7,278
2005 11,016
2006 YEAR TO DATE 7,300
2006 PROJECTED 14,000 - 15,000
2007 PROJECTED 18,000 - 20,000
2007 Peojected net income assuming $12,500,000 selling and administrative expense: = 6,000,000- 8,000,000 or $.20 to $.27
