Post by
wildbird1 on Mar 11, 2021 12:48pm
Could be $273.00 per test...????
Like everybody here I am a little confused when I read a PressRelease. But after reading a PressRelease a few time some details catch my attention.(If your numbers do not match mine, feel free to correct me).
PressRelease Jan,12,2021
" Datametrex is pleased to announce that it SOLD over 23,000 on site tests for the film industrie...this represents approximately $4.million CAD in top-line-revenue for Q4".
$4 million divided by 23,000= $173.00 per test(top-line-revenue).
PressRelease March8,2021
ScreenPro said The Company "PROCESSED" approximately 12,000 tests per week with weekly revenue of $1.2 million".
$1.2 million divided by 12,000=$100.00 per tests.
If you read these 2 PressRelease correctly you will come to the conclusion that..
1-Datametrex sell tests, Datametrex do not processe tests...
SCRN processe tests SCRN do not sell tests.
2-The total price of 1 test is $273.00CAD
Exemple:
A crew film is usually over 200 peoples and Datametrex is asked to test these 200 peoples.
-$100 x 200 peoples = $20,000 will go to ScreenPro for providing the on site testing service (processing).
-$173.00 x 200 peoples = $34,600 will go to Datametrex for providing the tests.
For a total of $54,600CAD (small price to pay when you consider that a film can generate many $millionUSD a day when it is released.
February 2021.
SCRN has processed 50K tests X $100 = $5 million revenue.
If SCRN has processed 50k tests it does mean that Datametrex has sold 50k tests in February.
50K X $173.00 = $8.6 million(-the cost of the test).
Not bad for 1 month of revenue.
Comment by
TorlifTostorson on Mar 11, 2021 12:57pm
Respect for your DD @wildbird and thank you a lot for the numbers you brought up! Very appreciated. Best Torlif
Comment by
MoreUpThanDown on Mar 11, 2021 1:06pm
My dear Sherlock, you may be on to something... hopefully all will be revealed. Your math seems sound, as does the logic. $100 seems really low for the test and processing & administration of the test... $273 is more realistic IMHO. Hope you are right! Look forward to more of your analysis.
Comment by
frewil11 on Mar 11, 2021 1:28pm
Datametrex earns about 20 to 40 percent of the gross revenue so they shoud be making anywhere from 1.5 million to 2million .
Comment by
frewil11 on Mar 11, 2021 1:29pm
On 50,000 tests per month.
Comment by
maryhill on Mar 11, 2021 1:53pm
This post has been removed in accordance with Community Policy
Comment by
FordVictoria on Mar 11, 2021 8:44pm
All I know DM is way under value and it is time that wake up and goes X2 or X3 from where is right now to start a slower climb to higher levels. FV
Comment by
vantreehouse on Mar 11, 2021 9:04pm
Oh Yeah, that's why we're here. People take risk for big potential.