Post by
AntonWest9 on Nov 15, 2020 11:42am
Barbados Contract Yields ~$12 Million In Revenue Alone!
Long time lurker, finally decided to post...
The new contract with Barbados is looking exciting!
Took a lot of sleuthing but found the weekly stats on how many flights are going to Barbados drom USA & Canada.
Only 3 routes: Toronto, New York and Miami
Average 16-17 flights per week
These planes are usually 100-200, so we'll take 150 and run the numbers as following:
16 flights x 4 week x 12 months = ~800 flights
800 flights x 150 people per flight that need to be tested
= 120,000 people per year
Tests will be discounted due to volume of the contract, so say at $100 per test =
$12,000,000
Total outstanding shares 49,000,000
12,000,000 / 49,000,000 = $0.245/share EPS
StageZero is trading at a PE ratio of 405.
0.245 x 405 = $99.225/share
If more deals come, and more revenue flow becomes realized the future is bright! :-)
Comment by
AntonWest9 on Nov 15, 2020 11:43am
https://www.flightradar24.com/data/airports/bgi/routes
Comment by
gojotv! on Nov 15, 2020 12:00pm
Unfortunately, your analysis is assuming full flights. That's just not happening, especially with infections in Barbados.
Comment by
frewil11 on Nov 15, 2020 12:05pm
Yes there's probably very little flights if any , but this type of testing could go on for at least 2 to 3 more years, it might turn out to be the new norm for many more than that, so any contracts with travel is huge if you ask me.
Comment by
LithLover on Nov 15, 2020 1:11pm
So assume an average of $250 a test and say 50 people per flight which is well under 50% capacity. That's $12,500 per flight. 800 flights a year is $10 million. So I can see $6-12 million as being realistic. Not to mention the PR and potential for other countries to follow suit.
Comment by
Oilminerdeluxe on Nov 15, 2020 2:36pm
Is the report after close tomorrow?
Comment by
LithLover on Nov 15, 2020 4:48pm
So only up 10% on a contract worth upwards of $10-12 million a year and only 1 trading day until q3 and we already know they received $1 million in the first 6 weeks of q3 and Timor has the offering oversubscribed. Let's go!!!
Comment by
Researchbased on Nov 15, 2020 4:56pm
We're about 50% below avg # of flights when compared to 2019 data. Live Flight Tracker - Real-Time Flight Tracker Map | Flightradar24 So just iamgine a pickup in the number of flights. Or having flights with more people in it. So it's fair to assume that tests will grow much bigger from one Q to another Q over the next 4 quarters starting !
Comment by
LittleGuy2 on Nov 16, 2020 11:42am
looks to me like an avg of 1 flight daily from Miami from American Airlines at 3:03 PM with the late night flight cancellled each day. The 3 o'clock flight is a 737-800 with max seating of 182. Still good daily business if Stage gets even 40% of that traffic. Add in NYC & YYZ & we are closing in on $500,000/month.