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Monday, January 28, 2019 9:56:06 AM
4 current S&L locations with 3 more to open in this year. There are also 17 more investors “ready to pull the trigger” once the right circumstances come up.
These are people in advanced talks to open a S&L.
Assuming that each S&L brings between 3-4 million in revs:
7 locations x $3mill (conservative)= $21 mill in revs
7 locations x $3.5mill = $24.5 mill in revs
7 locations x $4 mill = $28 mill in revs
This is only considering how each location will help the bottom line. A big part of the business is the Distribution branch, which currently only operates in Canada. If they can integrate their existing model in the US, that means we might see a huge increase in revenue.
Also, the company is set to publish their own games this year. This would be their first foray in this part of the business. While we would be naive to expect every game to be a hit, it is true that a single game may bring $XX,XXX,XXX in revenues in itself.
2018 saw about $15 mill in revenues. This was with 3 locations, and operating only in Canada.
Even so, we have secured multiple exclusivity deals in Canada, so we can expect to be able to make MORE than $15 million in Canada in the future...and the US?
With 3 locations in the US, even without distribution, we might see $9 mill more in revs by the end of this year.
I think it is reasonable to expect $20-25 million dollars in revs by the end of this year
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