Replies to post #451 on Polar Power Inc (POLA)

[southacresdave]

They need to get to 8+ cents/share soon. Imo:

$8.0M revenue x 39% margins (assuming the new equipment helps them there + more buying power on volume reduces costs) = $3.12M gross.

Quarterly expenses go from $1.8M to $2.0M as they build for more growth for the future.

Taxes are 25% (20% federal + Calif)

So.... ($3.12-$2.0)x 0.75 = $840K net income. Divide by approx 10.3M shares = 8.1 cents/share.

So how long till they get to $8M/qtr in revenue??