RE:RE:RE:Buyout price what would they payAs I stated many many post before Covid has brought a higher requirement for the units....where you might have a requirement for say 5 units. This might be increased to 6 units. Now this based on heavy usage...at which stage your no longer using each unit 3 times a day. using the US as a model.
Assume 30 million people get covid by the time it's all done....assume that 8% require heart follow up just because of their medical conditions, heart, diabeties, other organ damage (after all no one can really tell you where it's all going to stop with the effects). That's 2.4 million more people that may require the use of the units.
So if your a leading hospital using the units your probably maxing the machines out everyday. So at 5 units your at $250.00 a day (200 free uses is gobbled up 8 days)
******** a cut and paste from your post************
Assume (outright sale) a simple calc is 3000 units at $50,000 gives you $150,000,000 in sales revenue with a reoccurring revenue of $15,000,000 (3000 @ $5000 yr). Now factor in the purchase may occur once VPT hits 100 sites
**********************************************************************************************************
As far as I know it whether you outright purchase or lease your still obligated to the $50.00 usage fee. Your statement has a reocurring of $5,000.00 per year which equates to $96.15 a week in usage fees.....or two uses per week per machine at $48.07 per use.
As I stated before the usage fee was the only thing I was using and that came out in the $390,000,000.00 range per year......that's NO LEASE MONEY...NO SALES MONEY.....
************my previous post*********
and this is just the usage fee...even if ajusted down to 3,000 units it's still the same.
I wonder if your math is a little weak on the revenue and I mean recurring revenue......10,000 units at just $150.00 a day per unit (3 uses) in Rev is 1.5 million a day, 5 days a week is 7.5 million....52 weeks a year is 390 million.....with 100 million shares +/- out there this would equate to $3.90 per share in income. I really can't get past the math of selling a business that brings in $3.90 a share in Rev for $1.00 to someone else. Am I missing something here and I mean we are only talking about using the units 3 times a day with a $50.00 fee for usage.....
*******************************************************************************************************
If users leased the machines as a way to say on top of getting updated machines as opposed to the requirement to cough more cash to purchase newer versions your still looking at $150,000,000 minus $50,000,000.00 in building/delivery.
This thing will me a MP before too long...a MP...what's a money MP...a MP is a money pig.....it's going to grow and grow and grow......then one day it's going to be sold..
We also have to remember that usage fees will probably increase in time as in all things medical it goes up. So a $10.00 increase per use would have a great impact on the bottom line.....
Just to highlight medical cost....cystic fibrosis ...a company in the US has a drug which will reduce it down to nothing (no pain, you breath normal...life is normal again)..apparently you take it every six months...annual cost $400,000.00...then back to the drug company for another refill...and I wouldn't be surprised that in the next year it's not up 10-20%......
Medical anything is a right to charge beyond the realm of common sense.
old_dog