CAPC
I'm not debating that the company isn't growing at the same time .10 is highly unlikely. This year the earnings are going from and untaxed to taxed earnings. the comps the next couple of quarters are gonna be tough. They said with the q4 release that 25-30% annual revenue growth would not be out of the question for fy 17. if we were to take 30%, annual revs would be roughly 40 million, and since 7 million in revs happened in q1 that is 33 million left over for q2-q4 total. lets give them 25% gm. lets say OE are 3.75 million combined. that leaves us with 4.5 million, given a 33% tax rate, we are left with 3 million. this gives us earnings of roughly .06-.07 fully taxed on an annual perspective, I think you will be badly disappointed if you expect .10, unless revs are much higher than 30% annually. Overall FV probably is around .65-.70, maybe .75 right now, but I don't see it as much more than that. All is just my opinion, and I could always be wrong though.
