Aqua Power Systems Inc (APSI)

[Roofus]

Quietly accumulating here recently.

Only have around 20,000 shares so far.
But totally bullish here.

Revenues from merger company are reportedly close to $100 million. That is for year 2021. They’re still assumed to be growing, as they doubled their revenue from 2020 to 2021, from $50 to $100 million.

Therefore, let’s say 2022 revenue is going to be $150 million by year end ….

Annual revenue = $150 million
Profit margin = 16%
Earnings (profit) = $24 million
P/E ratio = 30
Market cap value = earnings * P/E ratio
Market cap = $720 million ($24 mil * 30)
O/S count = 17 million shares
PPS = $42.35 per share ($720 mil / 17 mil shares)

PPS projection = over $40 per share
(after merger company coming in)

We’ve never seen this kind of revenue ($100+ million) with this low of an outstanding share count (17 million shares) in OTC history. If so, let me know which one had a better high revenue to low outstanding share ratio.