While I appreciate your optimism, and do not disagree hypothetically. Times revenue metric is very much different than a P/E ratio valuation, so a few Bill in revenue is still TBD what the resulant EPS would be. (it would be high)
For example:
Current Situation:
EPS is -0.14, as of Q2 reporting. (basic diluted share count of 56,392,012, net loss of ~$8M, $0 revenue).
Hypothetical Target EPS of 1.0
- Assume annual expenses of $16M (2x Q2 net loss)
- Revenue needed to achieve EPS of 1.0 with basic diluted share count of 56,392,012 (it's higher now) would be roughly $72M in revenue.
- Applying average P/E ratio of 44, result would be a share price of roughly $44.
So revenues around that $100M mark would result is a steep stock price increase assuming that metric holds, if we enter the billion revenue arena then things really start to get wacky.