AI
| Followers | 928 |
| Posts | 48542 |
| Boards Moderated | 0 |
| Alias Born | 07/22/2008 |
Wednesday, May 10, 2023 8:56:59 PM
GRIL - The number of shares of the Registrant’s common stock, $0.0001 par value per share, outstanding as of May 10, 2023, was 32,197,066.
Price right now is $1.70. 32,197,066 OS x $1.70 = $54,735,012 Market Cap.
Sales (revenues) are $213 million per quarter...
Oops. Damn. I was going to buy this based on approximately $16 million dollars net income for the year based on this excerpt (see below) from the PR today for Q1 period ended March 31st. I was projecting 4 Qs of $4 million net income (PROFIT) per Q.
$16 million net income / 32 million OS = 50 cents per share x PE Ratio of 10 = $5 per share, PE 20 = $10 per share...I was getting kind of excited...until I started dissecting the Statement of Operations (Income Statement)...
From today's PR:
Don't know what to make of this, move on, I guess...
From the 10Q:
Price right now is $1.70. 32,197,066 OS x $1.70 = $54,735,012 Market Cap.
Sales (revenues) are $213 million per quarter...
Oops. Damn. I was going to buy this based on approximately $16 million dollars net income for the year based on this excerpt (see below) from the PR today for Q1 period ended March 31st. I was projecting 4 Qs of $4 million net income (PROFIT) per Q.
$16 million net income / 32 million OS = 50 cents per share x PE Ratio of 10 = $5 per share, PE 20 = $10 per share...I was getting kind of excited...until I started dissecting the Statement of Operations (Income Statement)...
From today's PR:
Don't know what to make of this, move on, I guess...
From the 10Q:
Discover What Traders Are Watching
Explore small cap ideas before they hit the headlines.
