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TS03 Inc Trust Units TSTIF



GREY:TSTIF - Post by User

Comment by SunnyShadowon Mar 28, 2019 8:07pm
215 Views
Post# 29551493

RE:RE:RE:Selling price of sterilizers

RE:RE:RE:Selling price of sterilizersGuys,

Actually, the "Company shipped 13 sterilizers to hospitals in the last five months of 2018 under its new direct sales commercialization strategy, as opposed to the 170 sterilizers it sold to Getinge, its only customer, in 2017."  None were sold prior to that.  And a unit sold is recognized when shipped.  My figures are annual.

I grant you that if maintenance is $12,000/year/sterilizer, then with an installed base at the beginning of 59 and assuming that no maintenance is charged on current shipments, then we have $708,000 in maintenance revenue, leaving $924,000 in recognized revenue for the 13 sterilizers shipped, or $71,000 per sterilizer shipped.  If 2 of the 13 were donated, the average revenue on the remaining 11 was $84,000

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