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Tuesday, October 17, 2017 8:34:34 PM
Profit would be harder to define - 50% margins is exactly that margin after direct cost - need to factor all other costs - 10% EBITA would yield $5M and then you would need a multiple of 30 on EBITA to get to $.05 p/s. Not outrageous but you need to still get $50M in revenue - that requires 25K Morpheus unit sales approx. not impossible but YOU NEED MONEY.
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