First, as I have stated above, such a calculation would yield a higher valuation. Comparatively, the above numbers are ‘conservative’ - hopefully to give people an idea of the potential here.
Second, I agree, but the fact BUD has the potential to be so profitable is one reason it is such an attractive investment. This is in contrast to other tech stocks (e.g BIQ, which has achieved growth [and that growth has been very very slow!], but has not increased profitability).
