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damAcon1

04/25/23 7:50 AM

#19944 RE: megazoo #19943

I looked at it similarly. [Napkin Math] If they take these 14 retail locations and pull the average per location that they are seeing with their existing 18 locations....approx $3.7M per month, total, across the 18....that is $205,555 per location. For 14 locations, that is an extra $2.88M per month; annualized that is $34.5M...so 1.1x estimated annual sales? I guess we will find out. If it closes on the last day of June, I am guessing it will add about $17M in total revenue by the end of the year...making New Mexico 2023 total revenue $62M; approx $80M run-rate had all 32 retail been producing for 12 months (and that is just retail).