Thanks Zulimo....made it a sticky.
Ponder this thought et al...
Let's say 1,000,000 downloads and everyone one of them are the basic $3.99 each per month.
That's revs of $3,990,000 per month, $47,880,000 per year.
No clue what total operating expenses are (cost of sales).
Just for grins, let's say it's 50%...ridiculous as that sounds.
That gives us $23,940,000 before taxes.
No CPA or accountant here....lol.
Outstanding shares = 32,131,625
Can anyone help with the math?
Trying to ponder an EPS #, then a 15 multiple = PPS
Again, just for grins.