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Thursday, March 09, 2017 11:51:42 AM
Q1 Revenues > $287,846 | Profit > $96,595
Q2 Revenues > $452,410 | Profit > $157,550
Q3 Revenues > $502,445 | Profit > $118,760
Total Revenues (3 quarters) > $1,242,701 ($414,234 avg/Q) | Total Profit (3 Qs) > $372,905 ($124,302 avg/Q)
DIGX averaged PROFITS of $124,302 for each of the prior 3 quarters. If they add that same average PROFIT in Q4 then they will have Total Profit (4 Qs) of $497,207 for year 2016. Almost half a million dollars in PROFIT!
To achieve EPS (earnings per share) we divide the Total Profit (total earnings) by the OS (1.8 billion shares) = $497,207 / 1,800,000,000 = $0.000276 or, rounded, $0.0003! DIGX has an EPS of $0.0003! Funny, that's our price! Ridiculous!
Ok...
Applying a PE (price earnings) Ratio of 10 = $0.003 | PE Ratio of 20 = $0.006 | PE Ratio of 30 = $0.009!
10, 20 and 30 bagger from where we are now. Which do you all like best? lOl...
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