NGHT has an EXCELLENT Revenue Model and Capital Structure.
---------------------------------------------------------------------------------------------------------------------------- NGHT FUTURE PPS VALUATION BASED ON 8-K --> Link to 8-K! The music festivals projections next year leave $4.4M after expenses, in 2014 it $5M and 2015 $5.8M.
Concert revenues call for 70% operating expenses so we look for $1.2M next year, $2.3M in 2014 and $3.7M in 2015.
Add in the music club numbers and its $6.3M next year, $8.6M in 2014 and $11.2M in 2015... Consider combining that with a P/E Ratio of 26(The current P/E ratios in Entertainment Tech are approx 26) Also, the Leisure and Recreation Services Sector has P/E Ratios which are slightly higher...
Just $6 MILLION in earnings with the current share structure would put NGHT’s market cap at $156 MILLION.
$156 Million/ 50 MILLION (Shares Outstanding) = $3.12 PER SHARE!