Metal Arts Company (MTRT)

[FrankF]

REVENUE 1st>half>2021 =$5,277,440; PROFIT =$2,553,600; GUIDANCE =$34M revs and $17M profit in full year 2022.

Guidance also stated as "200%" growth "annually," which translates to PROFITS (not revenues) of $135,000,000 PER YEAR just 3 years from now.

Whats "Medium's" revenue for the first half of 2021 and whats the growth rate? One of the DD post mentioned that its $5M in first half of 2021. Can anyone confirm that? Can someone come up with valuations based on asset they have, brands, growth rate etc.

As for "brands," see post on trademarks/patents here https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166584221

and here https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166583847

and yes, don't forget the brand KOK Play/ KOK coin




As for revs and growth rate:

https://www.donga.com/news/article/all/20210719/108028287/2

medium, a blockchain company, announced its first half of 2021 results on 19 july, based on audit reports from external auditing agencies.
according to the audit report, the first half of 2021 results were krw 6.2 billion in revenue and krw 3 billion in operating profit.
"by 2020, we have been focusing on r&d, and we have been able to break away from capital lock-in 100% in 2021 as the first year of sales. since the second half of this year, medium aims to grow 200% annually by entering the u.s. market and launching blockchain platforms and linked services," the company said, adding, "we will focus all our capabilities on achieving 40 billion sales and 20 billion won in operating profit in 2022."


As of today,


6,200,000,000 South Korean Won =
5,277,440 US Dollar Revenues . . . (for half a year)


3,000,000,000 South Korean Won =
2,553,600 US Dollar Profits . . . (for half a year)


and


40,000,000,000 South Korean Won =
34,048,000 US Dollar Revenues . . . (guidance for 2022)


20,000,000,000 South Korean Won =
17,024,000 US Dollar Profit . . . (guidance for 2022)




How did I come up with $135M profit per year 3 years from now?

Well . . .

I don't have an abacus for calculating earnings like Wayne-O says he has https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166199533 ,

but I just figured it this way https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166201790:


2.55M profit per 6 months TIMES TWO = "about" $5M profit on an annualized basis . . . (which is what we were running at, audited by external auditing agencies, in the first half of 2021).


At 200% annualized growth, in my simple mind it looks like this:


If a 100% increase on $5M would make it $10M, then a "200%" increase on $5M would make it $15M. Right?


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




If we string together just two years of 200% growth, it's $45M per year of not revs but profit.

(If a 100% increase on $15M makes it $30M, then a "200%" increase on $15M would make it $45M.)




If we sustain 200% growth for three years, we're not talking $135M "revs" per year but $135M EARNINGS per year.

(If a 100% increase on $45M makes it $90M, then a "200%" increase would make it $135M.)


(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 $17M USD.



(My simple math above was off by $2M, 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., $17M US dollars in operating profit in 2022.)



IMHO