RE: Revenue estimates FY2216 Oct 2021 14:28
Indeed good stuff from Patt on the other board and he goes onto to give the following projections. Possibly abit rampy, but it shows the potential that ENET offers.
"OK....bit silly but lets do some Tarana maths. We know that the new internet providers have to cover 70% of the USA by 2023 by law and that India needs coverage by the 75th Anniversary of Independence in the same year as it has been declared a national target and the politicians have credibility on the line. Then add in Europe and Africa (CEO of MTN has been quoted talking about connecting many millions of customers in a really short period). Say Tarana or Tier 1 and 2 customers connect the following numbers in the next three years: 2022 10m 2023 40m 2024 100m At 250 RN's per BN that is numbers of BN's: 2022 40,000 2023 160,000 2024 400,000 At $500 per BN to ENET that is income of: 2022 $20m 2023 $80m 2024 $200m With a 65% GM.