RE:RE:RE:Datametrex has been "Derisked"...Well the way I see it, the back of the envelope math is this:
DM received approx $4M for 23k test kits in Q4. That's $173.91 per unit. According to SCRN, they conducted 90k tests from January through March. If it can be assumed that every test conducted by SCRN was sold by DM, then DM would receive $15.65M in revenue from these sales.
Main assumptions here:
1) no change to cost per kit
2) all kits were sold by DM
Marshall must know that this is the ball-park figure that shareholders are expecting, so if we're gonna have the "big smile" he's promising, the numbers shouldn't differ substantially from this.
My opinion only.
Leonovus2017 wrote: I would gauge $8m for the quarter , which is still a good value. Hoping for higher of course... just being realistic