RE:RE:RE:RE:RE:BNXA Rocket ππ Love the enthusiasm, Urbani, but I am going to quibble with your numbers. I agree that with continued growth, BNXA could have $30-40 million revenue run rate by end of 2021. But unless you are using ridiculous price multiples like with VYGR, I simply can't see a market cap of $768 million for BNXA. Maybe it gets there (VYGR did), but that is a different thing than it being WORTH that much.
If we see continued growth that brings BNXA up to $40 million revenue run rate, which is possible, I would personnally assign a multiple of no more than 10x revenue. And even that, if markets decide to turn for some reason, is quite a bit overvalued for a growth stock historically speaking. In other words, 10x multiple is factoring in A LOT of success.
My comfort level is that this lands in the $5 to $10 range over the next few months, with any additional upside as speculative fervor. Which could certainly happen.
it would be very nice if it did reach $18.75. :)
Thanks for all your posts. I enjoy reading them.
Urbani wrote: Si.. BNXA
Or a simple way of doing the math is $111,000,000 times 4 equals $444,000,000 in transactions
That gave a $16 Million annual revenue
$888,000,000 in Transactions give about $32 Million in Annual revenue for BNXA
One BILLION ... you get the idea....
More than likely right now doing $38 Million revenue annual now or 20 times share price $18.75 per share