Gold River Productions Inc (GRPS)

[Roofus]

Today’s PR mentioned this ….

“We also are addressing supply chain issues by purchasing the herbs in advance for the next run. This production run will be 40,000 packaged units, 10,000 of each of the four products, at a cost of approximately $560,000. While most of our sales may be at wholesale, the retail value should approximate 2,400,000,” Dr. Goulding explained.
——————-
Cost = $560,000
Revenue = $2,000,000
(he mentioned $2.4 million, but there will be a mixture of wholesale and retail)
Profit = $1,440,000 (and that’s just one production run)

That’s a 72% profit margin. We’ll call it 70% for our calculation.
That is awesome, and even more than I had predicted.

Let’s say they do 4 production runs per year for this.
Profit = $5.6 million ($1,440,000 x 4 runs)

Revenue = $8 million annual (4 production runs)
Earnings = $5.6 million
Profit margin = 70% (approximate)
P/E ratio = 60

$5.6 million * 60 P/E =
Market Cap = $336 million
PPS = $0.26+ (26.1 cents approximate)

Just from these Plex products alone.