RE: Q2 sales figures26 Jun 2022 16:19
On 17 June 2022, Total Market Solutions reported H1 2021 total sales of 26,726 tonnes and gross profit for that period of $376,111. I assume that's in Australian dollars, once it's an Australian company, but share price is in GBP. So in GPB that's a profit of £213,051. That's an average selling price of £7.97 per tonne. Cost of transport fuel (diesel) has gone up quite a lot since then, but they will have also increased the share price. If we assume overall profit increase of 20%, gives £9.56 per tonne. If full year 2022 sales hit 200,000 @ £9.56, gives £1,912,800. It's up to each individual investor to decide a p/e ratio, if we assume 10, that gives market cap of £19.1M.