Metal Arts Company (MTRT)

[FrankF]

I believe that's $15M PROFIT per year within a year.


I don't have an abacus, but I just figured it this way:

2.53M per 6 months TIMES TWO = about $5M on an annualized basis.

100% of $5M would be $10M,

200% would be another $5M, making it $15M.

That's running at the rate of "$15M annualized PROFIT" one year from now.


(If they string together just two years of 200% growth, it's $45M per year of not revs but profit.
If they do it three years, we're not talking $135M "revs" per year but $135M EARNINGS per year.
Who has $135M OPERATING PROFIT per year?)




I believe that was the actual guidance Medium gave.




Even Medium themselves would agree with my $15M-profit-per-year comment above, only they called it "20 Billion Won," which is $16.9M USD.

(My simple math above was off by $1.9M, but close enough we see it's what they actually do mean.)



https://themedium.io/bbs/board.php?bo_table=media&wr_id=158
[translated from Korean]

medium, a blockchain company, based on an audit report from an external auditing agency

we announced our first half of 2021 results on 19th.

"by 2020, we have been focusing on r&d.

in 2021, we were able to break away from capital lock-in 100% of the year of sales.

since the second half of this year, medium has entered the u.s. market and launched blockchain platforms and linked services.

we are aiming to grow 200% per year."

"we will focus all our capabilities on achieving 40 billion sales and 20 billion won in operating profit in 2022"


(i.e., $16.9 million US dollars in operating profit in 2022.)


IMHO