Amarin Corp Plc (AMRN)

[IgnoranceIsBliss]

Some simple math:

$2bn in global sales by 2025

75% Gross Margin, so $1.5bn pretax profit before other expenses

Assume another $750mm in costs

$750 net pretax profit

Assume 25% global tax rate (blended)

Net income of $562.5mm

Ramp lasts (on rough basis) until 2035 (assumes patents extend Euro life to some extent)

10 years of $562.5mm discounted at 5% = ~$4.45bn

Assume there is $500mm of cash at that point, and that the tax loss carryforward has mostly been used by then (conservative)

So your market cap is about $5bn, or $12ish per share

I would kill for that