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Roofus

07/16/21 10:57 AM

#43095 RE: LCLiving #43093

How high will it eventually go you ask?

Here are my projections:

$285 million annual revenue per year
40% profit margin (which is being conservative, could be 50% actually for their products - mass produced, larger scale, gets costs down)

Earnings = $114 million ($285 mil rev * 40% profit margin)
P/E Ratio = 50
Market Cap Value = $5.7 billion ($114 million * by P/E of 50)

$5.7 billion / 1.23 billion outstanding shares = $4.63 per share

Target PPS = $4.63 per share (NASDAQ Bound)