HLS expected to produce $1.15B in revenue in 2007.
This from the Oct. 19 PR.
HLS will also release, following the receipt of final documents, a major contract with a Fortune 500 company after the Eid holiday, which is expected to triple HLS' previously projected revenues in 2007.
Was today's tripling of HLS revenues in addition to the previous tripling or the same tripling.
From Oct. 11.
Further adding to world exposure HLS has signed with their largest distribution partner to date. Eurotrade Concept Market Network, of the Netherlands has agreed to promote HLS biometric products to their current IT channel partners in over 100 countries. This deal is expected to produce 1st year additional revenue in excess of $75,000,000, adding to the already explosive growth of HLS biometric products worldwide.
That $75mil was based on just that one distribution partner.
From Sept. 12.
HLS is currently closing two unsolicited offers from the largest electronics distributors in Australia and the United Kingdom for exclusive rights for the distribution of HLS Biometric products in those territories. HLS expects both of the deals to close in the next 5 business days.
The finalization of these two exclusive distribution agreements will add to already projected revenues in the coming year of approximately $75 Million USD.
Here’s another $75 million and no it is not a duplicate. This is for two distribution partners from the United Kingdom and Australia. The one from Oct. 11 was a Netherlands based company.
From Sept 6.
An IDS and HLS joint tender bid was the only remaining bidder selected for a $100 Million plus (the project requirements exceeds over $500 million for the total implementation) project in Asia. The project owners considered HLS and IDS unprecedented growth in security services and the high caliber security products and government references for the Asia Region. The $100 million represents the 1st phase of the rollout expected to begin by October 2006. HLS was required to sign an NDA for this tender and final details will be released only by the awarding company at the start of implementation in October. This tender was worked on by both HLS and IDS executives for the last 120 days and the last 10 days have required constant presence of executives of both companies to close this tender.
So let’s add it up. $150 million from the distribution partners, plus $100 million from the first phase rollout (let’s not include the total $500 million in case it doesn’t pan out). So 150+100=250. Triple that and HLS is expected to produce $750 million in 2007. Add in the $400 million from the cell phone auction. We should assume that the cell phone revenue was not meant to be tripled. All together we have a grand total of $1.15 billion. Very important to note, this does not include any revenue from U.S. based HLS product sales or other fantastic products.
That works out to $23 per share just in revenue. Maybe someone with more investing knowledge than me can let us know what a stock with $23 per share in revenue should be valued at. I am guessing somewhere north of $100 per share.
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