Sunday, December 11, 2016 6:46:40 PM
Until September, sales were 209K; The cost of sales was 8k.
The company earned an operating profit of 27K.
Operating expenses are on average 57K per quarter.
Extrapolating, what was said by the CEO in the interview on Friday, December 9.
It expects sales in 2017 of 1M and double that amount in 2018 to the 2M.
Then we will have in 2017:
1M sales
40K cost of sales
960K Sales Profit
Operating costs 228K
Operating profit of 732K
/ 225M shares = 0.0032 earnings per share
In 2018:
2M sales
Cost of sales 80K
Profit from sales 1,920M
Operating costs 228K
Operating profit of 1.692M
/ 225M shares = 0.00752 earnings per share
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(Taking for example the company MJN*: has negative operating results of 1M per quarter and has a capitalization of 338M)
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