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Tuesday, November 19, 2019 11:54:28 PM
Of course, placement is one thing, revenue is another; but still, that's a great start.
They are confident they will break even by mid 2020.
Their Target goal is 100 million in the
third or fourth year, this being the first year. So little extrapolation tells you that by end of 2021, they could be doing 100 million in sales. If they really hit that Target, the price sales multiple should be 15/20 for this kind of growth. ISRG has PS of 15.
So bottom line, if it all goes well, and mgmt is quite excited that it will go really well, you are looking at 1.5-2 billion dollar company in 2 years.
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