Replies to post #6970 on Metal Arts Company (MTRT)

[FrankF]

I believe that's $15M PROFIT per year within a year.


I don't have an abacus, but I just figured it this way:

2.53M per 6 months TIMES TWO = about $5M on an annualized basis.

100% of $5M would be $10M,

200% would be another $5M, making it $15M.

That's running at the rate of "$15M annualized PROFIT" one year from now.


(If they string together just two years of 200% growth, it's $45M per year of not revs but profit.
If they do it three years, we're not talking $135M "revs" per year but $135M EARNINGS per year.
Who has $135M OPERATING PROFIT per year?)




I believe that was the actual guidance Medium gave.




Even Medium themselves would agree with my $15M-profit-per-year comment above, only they called it "20 Billion Won," which is $16.9M USD.

(My simple math above was off by $1.9M, but close enough we see it's what they actually do mean.)



https://themedium.io/bbs/board.php?bo_table=media&wr_id=158
[translated from Korean]

medium, a blockchain company, based on an audit report from an external auditing agency

we announced our first half of 2021 results on 19th.

"by 2020, we have been focusing on r&d.

in 2021, we were able to break away from capital lock-in 100% of the year of sales.

since the second half of this year, medium has entered the u.s. market and launched blockchain platforms and linked services.

we are aiming to grow 200% per year."

"we will focus all our capabilities on achieving 40 billion sales and 20 billion won in operating profit in 2022"


(i.e., $16.9 million US dollars in operating profit in 2022.)


IMHO

[Jimmy Joe]

Awwww now.... FrankF, don't embarrass Wayne. He's trying his level best to
squash this thing.... only his level best is second rate.

Thanks for all the DD FrankF and CVP.
This definitely looks like a winner.

KOK coming......

Very light volume with which they are walking it down.... with which to accumulate more. JMO

$MTRT