TAAT share price estimates based on revenue"6 months ago, we officially shipped our first carton of TAAT™ cigarettes for retail consumption. We now ship 57,000 10-pack cartons monthly to satiate retail demand in Ohio." At $40 per carton, that's 2.28 million in revenue per month or $27.4 million a year from Ohio alone!
Altura Multiplier: $27.4 MM in revenue x 25.3 = $693 MM USD = $846 MM CAD/95.4 MM shares = $8.86 CAD/share just on for proven Ohio sales alone!!!!!!
RLX multiple: $27.4 x 105 = $2.9 Billion USD = $3.5 Billion CAD = $36.19/share share just on for proven Ohio sales alone!!!
Total Sales Estimates for Q2:
Online: record production of $150,000 in first 3-4 days ($50-$37.5 K per day), let say 75 days of online sales $20 K per day = $1.5 MM
Stores: 150 locations selling 57,000 10-pack cartons monthly for 2 of the 3 months in the quarter = $4.6 million
WWV = $1 MM
England/Ireland distributor = $130 K
So maybe $7.2 MM in revenue, for the 1st quarter of sales not bad ($28.9 MM in a year assuming no further growth).
Using:
Altura Multiplier: $28.9 MM in revenue x 25.3 = $731 MM USD = $893 MM CAD/95.4 MM shares = $9.36 CAD/share
RLX multiple: $28.9 x 105 = $3 Billion USD = $3.6 Billion CAD = $37,78/share
In 2017 Juul had $1.5 billion in revenue, Altria invested $12.8 billion for 35%, gives a $38 billion valuation or 25.3 x revenue. Using our 2,760,000 expansion based on Joe's Facebook live today production capcity x 10 packs per carton x $4/pack = $110.4 MM in revenue x 25.3 = $2.8 BILLION market cap or $29.26USD/share or $36.58 CAD/share.
Setti has referenced RLX, this vape company, market cap $47.5 billion, $340 MM in sales first 9 months 2020.
Assume $453 MM yearly sales, RELX trades at 105 x revenue.
Previously announced online sales $100,000 over the weekend and $50,000 in the first 2 days. Assume online $25,000 per day.
$1 MM order from one distributor. Assume we can do this 10x in one year.
Add Crossmark $10 MM a year in revenue
Using online $25,000 / day current revenue, +$10 MM distributors +$10 MM Crossmark, , $29.125 MM / year, using 105x revenue, gives a TAAT market cap of $3.1 Billion or USD$33 / share or $42 CAD/share!!!
Using Altria revenue multiplier gives $9.91 CAD/share!
This does not include: sales from Canada, Europe and of course ASIA!
We are well on our way towards a greater valuation!