Iconic Brands Inc (ICNB)

[trademax42]

asapman..Thanks and just trying to tweak a little bit as follows:

Cases per month X no. bottle per case X 12 months = 300000X6X12=2160000 bottles per year.

Keep it simple, lets say Every bottle makes 50% of $20.00 for the company = $10.00.

The other 50% is for retail, distribution costs, and any other related costs ($10.0).

Annual Gross profit = 2160000 bottles X $10.00 =$21.6 millions.

Less costs of production 50% of the gross profits.

Total earnings = 50% of $21.6 millions = $10.8 millions

EPS = $10.8/814,790,600 OS =.0132

Lets say PE ratio = 20, Then PPS = .0132 X 20 = .264 per share.

This estimates do not include any future growth factors.

Stervc estimates = $.192 cents per share
asapman estimates = $.24 cents per share
trademax42 estimates = $.26 cents per share

We are all in the same ball park using the similar methods, which uses total earnings, total OS, EPS and PE ratio. Keep in mind stervc uses 19.4 as PE ratio, while we are approximating this at 20. A bit higher, the reason being this is a small start up which normally could have higher PE than the industry average.


$$ICNB$$

My posts are my opinion only, do your own DD and decide on your own.