Yeah if they can get the premium matchmaking business generating $1m per quarter from 5 locations, that’s $20m in revenue. Add another $5m per year from their apps/online dating then you’ve got a pretty attractive business that could be generating $10m in profit per year.
20x multiple for a high growth company, $200m market cap or $5 share price
Obviously a lot of work to do to get there but given they are nearly break even the risk is a lot lower now.
Yeah if they can get the premium matchmaking business generating...
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