Replies to post #36366 on ABCO Energy Inc. (ABCE)

[Carjockey2]

I realize this is a proforma of but it looks like they're on target and actually SOLAR FOUR OR FIVE YEARS AGO WAS IN ITS INFANCY IT'S NOT ANYMORE....

ABCO Energy, Inc.
Five year pro-forma plan of operaYons Year 1 Year 2 Year 3 Year 4 Year 5
Revenue
AcquisiYon target revenues $8,000,000 $16,000,000 $24,000,000 $32,000,000 $40,000,000
Solar faciliYes revenue 560,000 840,000 1,120,000 1,400,000 2,100,000
Photovoltaic prod. & installaYon 3,000,000 4,500,000 6,750,000 10,125,000 15,187,500
Large scale solar commercial 4,000,000 2,000,000 2,000,000 2,000,000 5,000,000
Sales of LED lighYng SoluYons 500,000 1,040,000 1,420,000 2,840,000 4,340,000
Total Revenue 16,060,000 24,380,000 35,290,000 48,365,000 66,627,500
Cost of sales
AcquisiYon target Cost of sales 5,600,000 11,200,000 16,800,000 22,400,000 28,000,000
Solar faciliYes expenses 5,762,000 5,646,000 7,543,000 10,955,500 18,089,250
Total cost of sales 11,362,000 16,846,000 24,343,000 33,355,500 46,089,250
Gross Profit 4,698,000 7,534,000 10,947,000 15,009,500 20,538,250
AdministraYve expenses:
Interest on bond at 6% 180,000 180,000 180,000 180,000 180,000
AdministraYve expenses: 2,452,200 3,732,600 5,390,700 7,362,750 10,102,125
Total AdministraYve expenses: 2,632,200 3,912,600 5,570,700 7,542,750 10,282,125
Net income before taxes 2,065,800 3,621,400 5,376,300 7,466,750 10,256,125
Income taxes at 34% -less NOL 0 1,231,276 1,827,942 2,538,695 3,487,083
Net Income $2,065,800 $2,390,124 $3,548,358 $4,928,055 $6,769,043

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