$IDEX @alf_poor @ideanomicshq
1/3 Hello Mr. Poor, I was hoping you could shed some light based on information from the presentation today. Doing some math based on the numbers provided. Just looking at already approved orders of buses, 105,000 are approved.
$idex @alf_poor @ideanomicshq 2/3 Just based on the numbers from orders of first half of 2020,there are 105,000 bus orders. With average margin of profit being 6to 15% (from today’s slide). Average electronic car price as per google is $300,000.
$idex @alf_poor @ideanomicshq @yatesinvesting 3/3 Based on these numbers, simple math would show
105,000 x 300,000 x 0.06 = 1.89 billion revenue expected from the already secured orders of buses. This is conservative estimate not including taxis, cars, 5G etc. Is this correct?
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