CT1 0.00% 0.2¢ constellation technologies limited

Was crunching some numbers this evening. CCP Annual Revenue for...

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  1. Eqz
    1,270 Posts.
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    Was crunching some numbers this evening.

    CCP Annual Revenue for FY2017 was $175k
    If we look at back at CCP revenue:

    Column 1 Column 2 Column 3 Column 4
    0 Q3 CY17   Q4 CY17 Q1 CY18 Q2 CY18(Assumption)
    1 $ 28,000   $    68,000   $68,000   $90,000

    CCP announced they secured an additional $100k in CCV sales in April which did not make it into Q1 report so some quick maths on that represents a $12k increase per quarter giving us $80k, I then added another $10k on assumed sales in the next 3 months.  

    We should close the financial year above $250k representing a 50% growth from prior year.

    I am also weary on the Q1 receipts as it indicates no new revenue from prior quarter and I could not see a reason for this in the report despite several new customers that joined in the quarter.
    I am hoping there is a delay in the payments and we see it come through in Q2 earning report.
    If it is then that would be fantastic as it would take us north of a 50% increase from prior year.

    Taking $250k as annual revenue gives us a multiplier of 17 with our current market cap ($4.4M)
    With $1M cash on hand and no debt our EV is $3.4M.

    Good buying at these levels
 
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