Replies to post #3902 on Else Nutrition Holdings Inc (BABYF)

[pual]

I did look at (BYND) - Beyond Meat Inc Year sales of $450M and market cap of $7.1B (Multiplier of 15)

BABYF current market cap is $185M (more or less 100M shares at $1.85)

Assuming the Bynd multiplier that would mean annual sales of $12$ or so ($1M/mth)

Use, 10 or 5 as a multiplier and you still need quite a small number of monthly revenues to justify current market cap.

With all the distribution/marketing developments made within the last year, sales must have grown enough to justify a better market cap than what we now see (JMO).

What is wrong with my picture?