Replies to post #66470 on Houston Natural Resources Corp (HNRC)

[Mr. Zen]

Market Cap 5,975,715 03/06/2023

Held at DTC 31,717,075 03/01/2023

Financial Results: Twelve Months December 31, 2022 vs Twelve Months December 31, 2021

Total revenue for twelve months was $ 20,516,899 vs $ 18,217,737, an increase of 12.6 %
Total earnings for twelve months were $ 9,821,899 vs $ 7,820,857, an increase of 25.5 %
Total assets for twelve months were $ 92,741,566 vs $ 74,251,027, an increase of 24.9 %
Earnings per share for twelve months was $ 0.14 per share.
The company has a net asset value of $ 1.35 per share as of December 31, 2022.

Do the math.... 31.7 million times $1.35 per share equals market cap of 42.8 million fair value

Numbers never lie