Progressive Planet Solutions Inc V.PLAN

Growth of PLAN core business volume to $40m

[15Stanmore]

If PLAN is indeed able to double its current sales from $20 million to $40 million using the existing fixed plant (plus automation and capacity expansion at existing key bottlenecks) and maintain the variable cost structure at the levels demonstrated in Q1 and Q2 2025, the you would potentially see a $10 million annual operating profit bottom line (while lsufficient oss carryforward pools still remained). That would calculate out at a $0.092 EPS. That level of actual EPS would likely be reflected in a share price somewhere in excess of $1 per share.

And all this is off the base APL manufacturing operations, without giving any thought to new IP licencing revenue streams.

[Ciao]

They need to drum up sales to hit $40M. We don't know how much rev they lost in 2024 due to production constraints, but given how much they are investing, it wouldn't surprise me if it was in the order of 20% or more.

[15Stanmore]

The $40 million figure was offered as a production capacity that would be feasible using the existing plant and adding capital investments in automation/robotics, starting with those products/production lines where sales are already limited by capacity constraints. I appreciate that having the capacity does not mean that $40 million in sales will immediately occur. What this does allow is the

[winnerswing]

Oh that would be great. If you own 1M shares, then you would sell it for 1M$. You ciould buy a nice house.

[15Stanmore]

Hello winnerswing. I am looking forward to examining the shareholder register which is available to all shareholders for viewing at the AGM in January 2025. It will be interesting to learn statistics behind the ownership of the 109,761,943 PLAN shares on the November 15, 2024 record date.  We do know that Mr. Richardson holds (or controls indirectly) 27,533,449 shares or about 25.1% - with