Just a reminder of the size of the market we are p
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Posted On: 10/09/2018 5:44:11 PM
Just a reminder of the size of the market we are pursuing with just our smartphones (no other devices).....
https://www.statista.com/topics/840/smartphones/
Just 1% of that 1.7B units would be 17M smartphones a year @ $300 MINIMUM and ANDI/UTOP generates $5.1B in revenue .
10% net profit margin (very conservative estimate) and a 25 P/E multiple and we have a market cap of $12.75B.
$12.75B in market cap divided by ~5B O/S and we have an ANDI share price estimate of $2.55 for just the smartphone business alone
https://www.statista.com/topics/840/smartphones/
Quote:
Smartphone shipments worldwide are projected to add up to around 1.7 billion units in 2020 . By 2021, 40 percent of the world’s population is projected to own a smartphone.
Just 1% of that 1.7B units would be 17M smartphones a year @ $300 MINIMUM and ANDI/UTOP generates $5.1B in revenue .
10% net profit margin (very conservative estimate) and a 25 P/E multiple and we have a market cap of $12.75B.
$12.75B in market cap divided by ~5B O/S and we have an ANDI share price estimate of $2.55 for just the smartphone business alone
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