GREY:CVHIF - Post by User
Comment by
Trooperhoboon Dec 05, 2015 1:53pm
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Post# 24357775
RE:RE:Fair Valuation for 5 pods is $ 2 per share
RE:RE:Fair Valuation for 5 pods is $ 2 per shareHere is the actuals for fiscal year (Q1-Q3) and a projection for Q4:
| | | Net Income | EBITDA | |
| Revenue | Expenses | Profit/Loss | Categories | EBITDA |
| 1,201,225 | (1,364,507) | (163,282) | 408,959 | 245,677 |
| 2,318,458 | (2,315,816) | 2,642 | 456,053 | 458,695 |
| 5,674,083 | (6,144,471) | (470,388) | 1,536,570 | 1,066,182 |
| 7,546,530 | (8,172,146) | (625,616) | 2,043,638 | 1,418,022 |
| 16,740,296 | (17,996,940) | (1,256,644) | 4,445,220 | 3,188,576 |
So projected fiscal year end Revnue is $16.7M...based on Q4 projection that is indeed a run rate of $30.0M. Projected EBITDA is $3.2M. At 12x multiple of EBITDA (AAC is 15), and including cash of $24.6M, market cap is about $63M and share value is about $.30.
Projecting to full run rate of $30M with one more fully operational pod, then numbers change quickly. I estimate 2 fully operational pods would be share price of about $.80. Five would result in a SP value of $1.80. Using AAC multiple of 15, could be as high as $2.20.
So choices estimate is in the ball park with mine, although he came at this differently. Load up guys.