Lexagene Potential Monthly Income From Test Sales Lexagene Potential Monthly Income From Test Sales
When Lexagene get 50 machines into the market running, let’s say 6 tests a day per machine for let’s say 25 days a month, this would equate to a total of circa 7500 tests per month being carried out across those machines
50x6x25=7500 potential tests a month from 50 sold LX Analysers
Monthly Income stream based at $ per test:
$50x7500 =$375,000 per month
$75x7500. =$562,500 per month
$100x7500 =$750,000 per month
As we know the above income is almost all straight to the bottom line as the test cartridges only cost $3-4 each to produce
If an adopter ordered say 200 machines (large Veterinary group etc) that would create an income stream per month of $1.5 million at the lower end ($50 per test) and $3.0 million per month at the higher end ($100 per test)
To me it doesn’t look like Lexagene need to put many LX Analysers into the market to become a cash printing machine
Also if you have a business where you need to carry out 150 tests a month then I guess this is going to easily cost you a $100 a test anyway plus the associated delays in sending out to a laboratory. Looking at different commercial tests they seem to range from $50-$250 depending on requirements. With the Lexagene test you are getting results for all 27 pathogens plus antibiotic resistance results at your finger tips,seems like a win,win situation for the user
Once Lexagene reach a total of 500 machines in the market place on the above model based at $50 per test this would give an income of $3,750,000 per month with 1000 machines producing $7,500,000 per month
Are my numbers right,any thoughts on this level on income and potential
What do you think a reasonable sales target for LX Analysers will be in years 1,2,3
Genmark have a market cap ranging between $700-$800 million dollars and appear to be losing millions a year as their own test costs are way to expensive ($50 a test to produce I believe) due to the way their machine runs.
Lexagene Potential Monthly Income From Test Sales
When Lexagene get 50 machines into the market running, let’s say 6 tests a day per machine for let’s say 25 days a month, this would equate to a total of circa 7500 tests per month being carried out across those machines
50x6x25=7500 potential tests a month from 50 sold LX Analysers
Monthly Income stream based at $ per test:
$50x7500 =$375,000 per month
$75x7500. =$562,500 per month
$100x7500 =$750,000 per month
As we know the above income is almost all straight to the bottom line as the test cartridges only cost $3-4 each to produce
If an adopter ordered say 200 machines (large Veterinary group etc) that would create an income stream per month of $1.5 million at the lower end ($50 per test) and $3.0 million per month at the higher end ($100 per test)
To me it doesn’t look like Lexagene need to put many LX Analysers into the market to become a cash pri Potential Monthly Income From Test Sales
When Lexagene get 50 machines into the market running, let’s say 6 tests a day per machine for let’s say 25 days a month, this would equate to a total of circa 7500 tests per month being carried out across those machines
50x6x25=7500 potential tests a month from 50 sold LX Analysers
Monthly Income stream based at $ per test:
$50x7500 =$375,000 per month
$75x7500. =$562,500 per month
$100x7500 =$750,000 per month
As we know the above income is almost all straight to the bottom line as the test cartridges only cost $3-4 each to produce
If an adopter ordered say 200 machines (large Veterinary group etc) that would create an income stream per month of $1.5 million at the lower end ($50 per test) and $3.0 million per month at the higher end ($100 per test)
To me it doesn’t look like Lexagene need to put many LX Analysers into the market to become a cash printing machine
Also if you have a business where you need to carry out 150 tests a month then I guess this is going to easily cost you a $100 a test anyway plus the associated delays in sending out to a laboratory. Looking at different commercial tests they seem to range from $50-$250 depending on requirements. With the Lexagene test you are getting results for all 27 pathogens plus antibiotic resistance results at your finger tips,seems like a win,win situation for the user
Once Lexagene reach a total of 500 machines in the market place on the above model based at $50 per test this would give an income of $3,750,000 per month with 1000 machines producing $7,500,000 per month
Are my numbers right,any thoughts on this level on income and potential
What do you think a reasonable sales target for LX Analysers will be in years 1,2,3
Genmark have a market cap ranging between $700-$800 million dollars and appear to be losing millions a year as their own test costs are way to expensive ($50 a test to produce I believe) due to the way their machine runs.
Lexagene Potential Monthly Income From Test Sales
When Lexagene get 50 machines into the market running, let’s say 6 tests a day per machine for let’s say 25 days a month, this would equate to a total of circa 7500 tests per month being carried out across those machines
50x6x25=7500 potential tests a month from 50 sold LX Analysers
Monthly Income stream based at $ per test:
$50x7500 =$375,000 per month
$75x7500. =$562,500 per month
$100x7500 =$750,000 per month
As we know the above income is almost all straight to the bottom line as the test cartridges only cost $3-4 each to produce
If an adopter ordered say 200 machines (large Veterinary group etc) that would create an income stream per month of $1.5 million at the lower end ($50 per test) and $3.0 million per month at the higher end ($100 per test)
To me it doesn’t look like Lexagene need to put many LX Analysers into the market to become a cash pri