- Assume that battery sales increase at 60% per qtr. like they claim the 9v did last qtr. (The couple of Radio Shacks that I visit are experiencing over 100% gains.)
- Assume about 5% increase in yield per qtr. like they did last qtr. They said at the annual meeting that they expect to be getting 30 to 40% yields in a couple of qtrs.
- Assume a fast ramp up of the English plant with 25% yield.
- Assume other cost stay the same.
Revenues_________Mar 99____Jun 99_____Sept 99____Dec 99
Battery Sales _____ 7,560_____12,096_____19,354_____30,966
Tech Contracts _____ 400 ______ 800 ______ 800 _______ 800
English Plant ______ 600 _____ 1,000_____1,500 _______2,000
Total Revenues ____ 8,560 ____ 13,896 __ 21,654 _____ 33,766
Cost of Products _____ (yield)______________________ (30%)
Batteries __ 6,350(16%)__ 9,556(21%)__14,322(26%)__21,676
Tech Contracts _____ 300 ______ 600 ______ 600 _______ 600
English Plant ______ 450 ______ 750 _____ 1125 ______ 1500
Total Cost _________ 7100 ___ 10,906 ___ 16,047 ____ 23,776
Gross Profit ______ 1,460 ____ 2,990 ____ 5,607 _____ 9,990
Operating Expenses
R&D ___________ 1,600 ____ 1,600 ____ 1,600 _____ 1,600
SG&A __________ 1,350 ____ 1,350 ____ 1,350 _____ 1,350
Total __________ 2,950 ____ 2,950 _____2,950 _____ 2,950
Other Income
Interest ___________ 350 ______ 350 ______ 350 _______ 350
Miscellaneous _____ (25) ______(25)_______(25) ______ (25)
Net Gain ______ (1,165) _____ 365 ____ 2,982 ______ 7,365
Net Gain per Share _ (.11) ____ .035 _____ .285 _______ .70 |
