Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Sirona Biochem Corp V.SBM

Alternate Symbol(s):  SRBCF

Sirona Biochem Corp. is a cosmetic ingredient and drug discovery company with a proprietary technology platform developed at its laboratory facility in France with a specialization in the stabilization of carbohydrate molecules. The Company is exploring the areas of diabetes, dyschromia, anti-aging, anti-cellulite and antiviral therapies and relies on a business model of licensing patents to large organizations in return for up-front and milestone payments as well as royalties. Its two most advanced programs are the cosmetic skin lightener and diabetes drug. The Company's TFC-1067 is for the treatment of Dyschromia (Dark spots on the skin). GlycoProteMim is a novel anti-aging compound. GlycoProteMim is based on the naturally occurring glycoproteins found in Antarctic fish, known to protect them against environmental stressors. It is focused on three current antiviral categories: Neuraminidase Inhibitors, Nucleoside Analogs and Iminosugars. Its wholly owned subsidiary is TFChem S.A.R.L.


TSXV:SBM - Post by User

Bullboard Posts
Comment by wexworthon Sep 14, 2020 2:40pm
213 Views
Post# 31553846

RE:Rodan profit scenario - for debate!

RE:Rodan profit scenario - for debate!

sorry, made an error - reformulated analysis to quote volume of tubes, at 10,000 tubes per kg, at $8000 usd per kg.


https://www.forbes.com/sites/kathleenchaykowski/2019/02/14/skin-care-billionaires-rodan-and-fields-return-to-the-teen-acne-market/

Rodan and Fields sales force estimate: 300,000
discount for inactive members: 40%

remaining 180,000 sales force, broken down by previous web stats breakdown on performance categories - per quarter:

Bronze level: 72,000 agents (40%), selling 7.5 x 50 ml tubes = 540,000 tubes
Silver: 90,000 agents (50%), selling 15 x 50 ml tubes = 1,350,000 tubes
Gold: 12,600 agents (7%), selling 10 x 50 ml tubes = 126,000 tubes
Platinum: 5,400 agents (3%), selling 2 x 50 ml tubes = 10,800 tubes

total per quarter: 2.026 million tubes x 4 quarters = 8.107 million tubes.

Market Price per 10,000 tubes (1kg) = $8,000 usd or $10,400 cdn
On 8.107 million tubes, that is 810.7 kg x $10,400 per kg cdn = $8.431 million cdn per year, or 3.3 cents per share, p/e at 22 of 72.6 (less cogs below)

take $810,000 off this gross amount for cogs (cost of goods sold at 10 cents per tube.

that does not include Japan and only the Rodan contract.

Bullboard Posts