SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: dave brown who wrote (22919)8/13/1998 7:32:00 PM
From: Lurker  Read Replies (2) of 27968
 
<<Has FAMH ever released any 1996 figures?>>

I haven't seen any. But, we can make an educated guess from
the figures they released for 1st half of 1997:

Time period Revenue Expenses Net Income
----------- ------- -------- ----------
1st 6 months of 1997 4,155,593 2,889,739 1,265,854

Double the above 8,311,186 5,779,478 2,531,708

x 90% (hypothetical 7,480,067 5,210,530 2,278,537
10% growth from (for 1996)
year to year)

Since any profits from Myraid will be used to pay the back
taxes, the profit will be about the same for 1997(+10) and
1998(+20).

Reasonable estimated EPS for 1998:

audited 1996 net income ((audited ) )
----------------------- X ((income after ) )
2,278,537 ((taxes in 1996) X 1.20)
----------------------------------------------------
75,000,000 outstanding shares

Lurker
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext