TSXV:RHT.H - Post by User
Post by
mingzhuon Oct 10, 2022 10:02am
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Post# 35015579
here are revenues estimates for next 3 Qs based on
here are revenues estimates for next 3 Qs based on compliance rates
| | Q1(2022) | Q2 | Q3 | total |
| patients added | 15,000 | 20,000 | 20,000 | |
| software revenue | 1,918,150 | 4,894,900 | 9,807,615 | |
| hardware revenue | 3,210,000 | 4,280,000 | 4,280,000 | |
| | 5,128,150 | 9,174,900 | 14,087,615 | 30,890,665 |
Notes: these are top range estimates. 30m revenue( included 2.5m reported revenue) is maximum RHT can get for 2022. I even assume 110,000 patients for 2022 instead of >100,000. The reasoning is that in order to get 200,000 patients on board in mid 2023, each Q has to add 50k. That is too sharp increase. I add 10 to 2022, 45k for each Q for 2023. There is no way RHT can achieve $40m for 2022 unless it can sell 10m hardware at Christmas as IR mentioned there may be such thing..