Ann: EOS Defence Systems Sector receives order, page-22

I think investors are not yet really understanding the magnitude of what is happening with EOS. Today’s order underlines the successful technology. Testing results from Orbital ATK showed EOS rws hitting targets at 2 plus klms, compared to Kongsberg 1 km… That’s superior.

With more orders to be announced in the near future, the order backlog could soon surpass 500 million aud. EOS is no longer a small company with an extreme high risk profile. On the contrary, they are looking at a solid stream of revenues in the years to come and should be valued as such, or a take-over is unavoidable.

An order backlog of 500 million, divided over four years, leads to annual revenues of 125 million, up 500% (!) from 2016 revenues. The net profit margin in 2015 was 10%. This could double. The R&D has been done and it’s now production time. So, defense alone should see a net profit of at least 25 million annually in the next four years. This should warrant a market cap of at least 500 million. And then add up the space division…