So estimating a target right now. Lest assume they in the next year hit $12 mil a quarter (low end of their range). Let’s day that sg&a does go up “a couple points” so that’s about $2.9 mil per quarter. And they said they were targeting 35% gross margins.
So $12 * .35 - $2.9 = $1.3 *.8 for income tax = $1.04
Divided by 10.1 mil shares and that’s $.103 per quarter bottom line.
On an annual basis with a P/E ratio of 15 that’s $5.76. With a p/e of 20 that’s $7.69.
While both of these are higher than current share price it’s becoming less apparent that this is a great deal. Unless thy move their margins over 35% or can control their operating expenses better, then they are o pay going to be around their IPO price as a fair valuation even when they finally get near their production capacity.
News 
Market Data 
Discover 
AI
