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Re: MikeKnowsRunners post# 79385

Sunday, 10/24/2021 5:54:03 PM

Sunday, October 24, 2021 5:54:03 PM

Post# of 81578
You really like the straw man, don't you?

They need 800 mirrors sold to reach $1 million in sales for 2021. That would put their Price to Sales ratio about 72.

That's an absurd valuation. Fewer sales than 800 mean an even more absurd P/S ratio.

What's your 2021 Revenue number, Mike?

To replace 2017's $37 million revenue, they'd have to sell 52,800 mirrors. Does 800 still sound like a lot to you?