Interups Inc (ITUP)

[RealDutch]

The last 8-k has an interesting exhibit which unfortunately is very hard to read.

Let me give you some numbers though, and I will focus on acquisitions alone.

 
           Revenue ($)    % of total   ROI 
  
 Year 1    360,000,000     70%         13.3%       
 Year 2    720,000,000     72%         13.3% 
 Year 3  1,080,000,000     73%         13.3%

ROI = Revenue relative to how much client money they have to invest. Which is the number I was looking for earlier.

It also means they plan to spend $16.2 billion in the first three years.

The first question that pops up is, if the book goes from $10.8 billion to $27 billion whether we should upgrade these targets. But let's not get ahead of ourselves.

Let's take a look at the first fiscal year (which ends May 31). We already have close to $140M revenue from something Laxmi can't disclose. I think we will get Lavasa which should be close to $50M. Air Asia was cancelled and Air India delayed. I think we could miss this target for the first year. Either way, $200M in revenue should be guaranteed, which at 5x revenue gives us a $1 billion company or (/14M shares) a $72 share price guaranteed. Make it a $100 if you add other revenue sources.

More questions? Not for the moment.