![](https://investorshub.advfn.com/uicon/577752.png?cb=1480694928)
Friday, February 03, 2017 1:29:16 PM
- Say $30 million revenues for 2017 (this is less than half of the $62.5 projected revenues in todays PR)
- Assume %50 bottom line margin for net income
which turns out to be $15 million profit. Common multiple range for net income of EBITDA is 5x-15x. Even if you use the most conservative multiple of 5x, VDRM's value should be around $45 million.
This is more than 10 times the current value. PPS now is ridiculously low!!!
VDRM!
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