Rough calcs15 Sep 2021 10:53
Based on
https://www.lse.co.uk/rns/SYME/trading-update-iaz3xi88edeu302.html
Figures going forward, Italy companies average. Best guess, but still a guess
Gross IM 1.5bill/126
Per client average 11,904,000
Italian total clients, 65% of 126 plus (given 50 companies DD per month) 65% of 100=147
147x 11,904,000 =1.47bill
Gross income 2% (0.5-1.5% additional range for CB) = 35,000.000 (rounded up)
Gross profit .. range 50-75% = 17,500,000
P/E (I don’t like P/E.. I like PEG as it takes into account EPS)
MC
10.. 175,000,000
20.. 350,000,000
30…510,000,000
40…700,000,000
50…875,000,000
60…1.05 bill
**** about as you like.. lol..
Note -For instance, that’s average for Italy only, not including DD and storage (although They’ll be included in the 1.5bill revenue)
Also doesn’t include the 6 that has been IM and exchange rate.
Please note the dates
am delighted to announce this agreement as a cornerstone of our inventory funding strategy. We can now begin to structure the monetisation of the first group of Italian client companies.
RNS 29TH June
https://www.lse.co.uk/rns/SYME/captive-bank-funding-strategy-update-5gumh9ta6bqx5no.html
They started IM around the 29TH June, with 6 being IMed by 30th June.(from first link, above)
The end date for accounts.