GREY:TSTIF - Post by User
Comment by
newdanton Mar 29, 2019 12:20am
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Post# 29552174
RE:RE:RE:RE:Selling price of sterilizers
RE:RE:RE:RE:Selling price of sterilizersFYI for all those guessing, @ 19.10 on the call GK states the asp for the 13 units shipped in 2018 was $80k per unit - or just over 1M in total for sterilizer sales only.
If they can hold this pricing on 3/4 of inventory or say 150 units they could generate 12M there, and then perhaps allocate the the other 50 units for their upcoming usage model's. Although a fair portion of that revenue would not be recognised and invoiced until H1 2020.
Glad they are working with said device manufacturer to develop next generation scope product line. Hope they add more like this and soon.
Q1 final numbers for bookings (purchase orders) and unit shipments (revenue on the income statement) are not in yet, but they could end Q1 in the next few days with maybe 10M cash, so not a lot of wiggle room when you're burning 3M per quarter.
We need to see material sales offset on the cash burn in Q2. The quarter will be a whirl wind with all the trade events scheduled. Plenty of opportunities for our highly incentivised and skilled sales team.