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Luho

04/23/19 11:42 AM

#87521 RE: Hippd #87517

Use a multiplier when factoring that. Even Monster had around 30X as their multiplier for a while. Emerging companies within the sector should have even higher multipliers. I’m using 50-100X as mine. So that could potentially put us at a $200M market cap this year if we continue to be on pace for $2M in annual sales ALREADY

Remember, this is our first full year of having a sales staff. So if we hit $2M out the gate, our long term projections will be very high. And market cap multipliers off revenue will he high as well.