Mikros Systems Corp. (fka MKRS)

[NedBraden]

Basic Revenue Projections

Please help me out here. In the Investor Presentation Velcro posted, the company shows the 83MM USD in contracts awarded in 2016 and 2017 (ADSSS & ADEPT). It also states that $14MM of these contracts were delivered in 2016/2017. This means that there is $69MM remaining for the 5 year period 2018-2022. This means an average of roughly $14MM in revenue for this time period.

The highest revenue in it's history is roughly 7MM so we should be looking at double this for the next 5 years just based on announced contracts. This does not include any commercial revenue.

We know as Bobchar posted that ADSSS is in line for another $50-100 MM in contract award in 2021, I believe, so the top line revenue should be steady at $14MM and above for the foreseeable future and hopefully the bottom line will be driven with higher return commercial business.

The stock trades at $0.36 per share which means I should be buying more right?
I don't get it.