RE:Here are S7's news and presentation and my notes in 1Pokerchamp wrote: Preliminary Q1 financials releasedApril 12, 2016
I see slower growth than this board had been expecting/hoping for. I also see steady growth for years to come. | In $US except sh. pr. | 2015 | Full | 2016 | 2016 | 2016 | 2016 | | 2016 |
| | Q4 | 2015 | Q1 | Q2 | Q3 | Q4 | | Est. |
| Quarterly Revenues | 1.55 | | 2.5 | 3.5 | 4.9 | 6.9 | | 17.8 |
| Annualized Revenues | | 4.2 | | | | | | 17.8 |
| Cost (60% Margin) | 0.84 | 1.7 | 0.9 | 1.2 | 1.7 | 2.4 | | 6.2 |
| Gross Margin | 0.72 | 2.5 | 1.6 | 2.3 | 3.2 | 4.5 | | 11.5 |
| Quarterly Expenses | 4.13 | 16.8 | 2.8 | 3.2 | 3.7 | 4.3 | | 14.0 |
| Quarterly Earnings | -3.41 | -14.2 | -1.2 | -0.9 | -0.5 | 0.2 | | -2.4 |
| Quarterly EPS (cents) | -2.66 | -11.1 | -0.9 | -0.7 | -0.4 | 0.2 | | -1.9 |
| Share Price (E x 25) | 0.66 | 0.66 | 0.68 | 0.90 | 1.29 | 1.95 | | 1.95 |
I don't understand your calculation of share price.
You have revenues in Q4 of 0.2. I assume this is millions so $200,000. The number of outstanding share is 126M. So quarterly earnings per share in Q4 is 0.2/126 = 0.002 cents is 0.05 cent share price assuming a PE ratio of 25. Lets say you annualize those earnings you still only get a share price of 20 cents.
What am I missing?
I don't understand your share price projects. Are you multiplying the EPS x 25? That means best case scenario Q4 earnings of 0.2