Amfil Technologies Inc (FUNN)

[Cat]

Really no way of knowing imo; there are too many wild cards like GRO3 and Natural Stuff. But given Midtown opening and increase in distribution portion of the business, I'd say at the very least it's as much as Q1.

Even if it is the same, that would indicate annual revenues of 6*4 = 24,000,000, and I'd say that still makes us undervalued. Dave and Buster's for example has a PE ratio of approximately 30. In order for us to have that same ratio, we would need annual net income of about 2.5 million. What that means is, even if AMFE experiences ZERO GROWTH forevermore, it literally needs a 10% profit margin to maintain these prices. I.e. I think it is already undervalued even if we forget about growth.

Obviously, if the exponential growth continues which I think most people here think it will this becomes all the more flagrant. Again using Dave and Buster's PE ratio, what EPS do we need to be valued at 1$? About 0.033, amounting to a net income of about 15.8 million. Not only is that figure eminently achievable even in the short term, Dave and Buster's is a well-established company and we are a fast-growing small business with huge potential, meriting a much higher ratio imo.

Final note, I think net income figures will be deceiving for the near/mid future, since AMFE is going to be reinvesting heavily into its growing subs rather than just posting profit.