RE:questionAccording to MedX's guidance they sell the SIAscopes between $2,500-$5,000 depending on volume and client. They make between $15.00-$30.00 USD per e-consult.
Take the Netherlands for an example. They indicated they do between 20-30 scans a day per screening center @$15.00 per scan. Each center is opened 312 days a year. So the sale of a device is low but the scan volume is high.The Netherlands revenue estimate per center $15x20scans per day x312days= $93,600 per scan center. This is pure SaaS revenue. I believe MedX's partners in the Netherlands currently have 7 centers up and running and they are scheduled to have 41 scanning centers by the end of 2022. So if they have 41 centers completed by 2022 then the recurring revenue to MedX would be $3,837,600 per year. This is pure SaaS revenue which is very high margin. If they complete 21 centers in 2021 then the 2021 revenue would be $1,965,600 of recurring revenue.
Total hardware revenue $2,500 X 41 =$102,500 on the low end.
I hope this guidance helps.