RE:RE:RE:RE:RE:RE:What can we expect in 22Q1Just playing with some numbers.
2021 FY revenue is 8.5M. Let us say 20% revenue increase for all devices excluding BeMini. That take revenue to 10.0M
Each larger device is sold for $50. Let us assume BeMini is also sold for $50. So it will take 40K to 100K devices to be sold in 2022 to achieve 12-15M total revenue.
As per CEO, by 2020 end, total BEW devices in market were about 100K. BEW added 53% more devices in 2021 or say 50K.
2021 total recurring revenue was abouy 3M, so to get let us say total13M in 2022, means BeWhere need to sell arround 200K devices.
As per CEO, BeWhere get $0.8-4 per month or say $10-50 per year per device as recurring revenue. 150K devices in operation and 3M in recurring revenue means average $20/device/year. (All devices sold may not be activated)
Let us wait for 22Q1 numbers