Friday, January 1, 2010

JBII Shareholder presents his 2010 revenue analysis - Not guaranteed, informed speculation

On Jan 1, 2010 iHub poster GWMAN presented his revenue guesstimates for JBI in 2010

My revenue guesstimates for 2010:

$165 million in revenue for 2010 is what I now consider a realistic target for JBII, assuming no acquisitions in 2010.

Q1 - $5+ million

Pak-It - $3 mill
Javaco - $1.5 mill
Tapes - $0.5 mill
P2O - $0.25 mill (1 company-owed site running by March 1; using $3 million annually per comp-owned site)

Q2 - $8.5+ million

Pak-It - $3.75 mill
Javaco - $1.5 mill
Tapes - $0.6 mill
P2O Land - $3.0 mill
(6 company-owned sites running by May 1; cumulatively generating $50K per day over 60 days)
P2O Build Out - 0.0 million
(During this quarter, JBII would be setting up an additional 40 sites for next Q. Some of these will likely come on line before the end of the Q and contribute some revenue. However, I am assuming there will be glitches and growing pains. so I do not include any of this revenue in this Q.

Q3 - $51+ million

Pak-It - $4.5 mill
Javaco - $1.8 mill
Tapes - $0.9 mill
P2O Ship(1)- $5 mill
P2O land - $27.0 mill
(26 company-owned[$216K/day] and 20 65/35 JV [$108K/day] sites running by July 1; using 2.2 mill annually per JV; assuming 85 days of operation)

P2O Land build-out - $12.6 mill
(In Q3, I guess 52 company-owned sites and 20 65/35 sites will be installed; assuming $7.5K/per day/per company site and $5K/day/JV site, which is approx 10% less efficient output compared to sites from previous Qs due to fast expansion; assuming installation ramp-up so assuming 10 company sites operate for 45 days in quarter, 20 company sites and 10 JV sites operate for 30 days, and 22 Company sites and 10 JV sites operate for 15 days)

Q4 - $104+ million

Pak-It - $6.0 mill
Javaco - $1.8 mill
Tapes - $1.0 mill
P2O Ship(2) - $10.0 mill

P2O land installed - $69.1 mill (78 company-owned[$648K/day] and 40 65/35 JV [$216K/day] sites running by October 1; assumes JB expands chamber production in China to meet the need for production greater than 1 chamber per day; using approx. 2.2 mill annually per JV; assuming 80 days of operation)

P2O Land logarithmic - $16.8 mill (In Q4, one site per day will be starting operations; assuming half company-owned [$7,5K/per day/per site], half 65/35 JVs [$5K/day/site]; assuming 30 sites produce for 45 days, 30 sites produce for 30 days and 30 sites produce for 15 days)

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