RE:RE:RE:ValuationAny clues from the co as to how many units they are hoping to sell in 2018 and 2019?
I am comfortable with this valuation if they can move 2000 units in a year. Should be very doable, right?
That's based totally on guess work, as I have zero actual info.
Just took 75 mil shares and .05 EPS to get a profit target of around 3.75 mil using a P/E of 30.
If they can net profit margin 20% on just under 2,000 units it gets them there.
I suppose the gravy is in the monitoring and reporting recurring revenue potential on top of that at very high and expanding margins.
Seems quite doable, at this point they just have to prove the track to get there with some contracts and installs inked up (which has already begun).