Replies to post #21804 on Avvaa World Health Care Products Inc (AVVH)

[grosstonnage69]

I've been using 250m but I would welcome anything higher

[kommisar7]

if they lend us $ 300 million annually
can you also roughly calculate an MC of 300 + million usd ...
because these have to be paid back ...
So again roughly 25-30 cents pps
;-)
glta

[I-Glow]

I did an analysis of Rocket Mortgage and their profit was 2.7% of the amount loaned.

GQG probably had net profit of between $10 and $15 million.

Here is an example from Rocket - "$103.5 billion loaned in the first quarter of 2021" and $2.8 Billion in profit.

So the profit was 2.7% of the amount loaned.

That is $13,500,000 in profit if GQG Loaned $500 million per year.

But GQC doesn't have access to Capital as cheap as does Rocket - they aren't as efficient etc so they probably have about $12 million in profit.

IG