Gatekeeper Systems Inc V.GSI

Fiscal 2021 Expectations and target price

[Captain71]

Now that Q1 is released, I like to calculate expectations and target price for the fiscal year. Of course these numbers are adjusted as quarters come in above/below estimates, but it gives a base to start from.

To be honest I am strictly a numbers person and I feel many posters on this board have a much better understanding of this company than me, and can offer advice as to why my numbers are too high or low.

For Fiscal 2021, I am estimating Revenue of 29.2 mil, Gross Profit of 10.2 mil, and Net Income 3.8 mil.

I am using multiples of these numbers in line with a +/- 75 million market cap tech company. Again, everyone has their own idea of what these multiples should be so my calculations are definitely open to comments and criticism.

Bottom line - Right now I have a Fiscal 2021 target price of $1.35.

This is my opinion only and in no way investment advice.

Disclosure: Shareholder and long. GLTA

[Brigon]

Whether you are correct or not, at least you have a plan and something you can gauge progress against. Better than saying " to the moon by next week".  BTW, #s look pretty good and I would be happy with that. B

[Captain71]

Thanks “B”, appreciate your comments. My 2020 target of $0.72 sure helped when I wanted to add a few shares. For 2021, I would be happy with those numbers and SP as well (60% upside). I do hope over the next while a few posters who dig deep into the financials are willing to share their estimates as well. It would be great to calculate a share price target based on consensus estimates. And you