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Nanalysis Scientific Corp. V.NSCI

Alternate Symbol(s):  NSCIF

Nanalysis Scientific Corp. develops and manufactures portable Nuclear Magnetic Resonance (NMR) spectrometers or analyzers for laboratory and industrial markets. The Company’s segments include Scientific Equipment and Security Services. Scientific Equipment segment conducts scientific equipment manufacturing and sales, primarily as a patent-protected technology Company that develops, manufactures, and sells magnetic resonance (MR) products for security, pharmaceutical, biotech, nutraceutical, chemical, food, materials, education, life science and medical applications. Security Services, focuses on providing security services, namely providing preventative and oncall maintenance services, as well as installation, of detection and analysis equipment. It offers commercial security equipment installation and maintenance services to a variety of customers in North America. It provides airport security equipment maintenance services in each province and territory of Canada.


TSXV:NSCI - Post by User

Post by Baconatoron Jun 09, 2021 12:25am
149 Views
Post# 33353331

Current production capacity for the 100 MHz NMR

Current production capacity for the 100 MHz NMR

This never got asked on a webcast, so I inquired with investor relations and the response:

"We were only able to produce 6 100MHz devices in Q1 and we expect a minimum of 9 in Q2 (hoping for 11-13). By Q4 we expect capacity to increase to at least 15 devices.
 
We have managed to increase efficiency to some degree and we expect that to continue, but we have also increased the number of interns we have and have also increased the floor space we have allocated to device assembly. It will take some time to get those folks up to speed but we expect this to contribute to the increase in production capacity.
 
With operating efficiencies progressing as they are, we expect to be able to produce between 45-60 once we have scaled up with our current initiatives. However, we expect our production team to continue to make improvements over time, so this number will continue to rise."

6 in Q1 is about 800k (avg 140k assumption)

up to 15 by Q4, so 2,100k or 8.4 mil per year. 

3.277 mil revenue in the first quarter so about 2.5 million from the new business and other items. 

so that's about 18-19 million with no growth in others product/items. Gross margins running at 65% will make them easily cash flow positive. 

That's a solid base to work from! 

 

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