Thursday, October 26, 2023 10:49:36 AM
HOLY SH$%T Batman....this could be a MONSTER..a BEHEMOTH....
All calcs are done in US Dollars, based on the $122 mil tax in TL (Turkish Lira) = approx $27 mil US dollar taxes.
I get the following calculation (approx of course):
$27 million us in taxes
22% corporate tax rate.
ONLY PROFITS ARE TAXED, NOT GROSS REVENUES
27 million / .22 (22% profits tax rate ) = apprx $122 MILLION in U.S dollar taxable PROFITS.. an enormously profitable company for ANY OTC play
Assume a corporate gross margin of 30% (probably low for a finance company, thus being very conservative in estimates) but assume 30% which is realistic IMO:
$122,000,000 / .30 margin = approx $406 MILLION US top line revenues
$406 million top-line revenues at even a 2X paltry multiplier = $806 million market cap
$806 million / 160 million shares O/S = $5 per share"
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