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Thursday, February 04, 2016 4:19:53 AM
Prepare for the Ascent Biel will be going-Vertical
Market is not seeing this yet, but will SOON.
Everyone in now imo will be grinning ear to ear no later then May, 17 2016 unless significant news hits sooner, then we smile sooner.
THAT is not only possible but Probable.
All numbers will be rounded for simplification.
Q3 Sales were $500,000
Stores were a total of 585 Boots Stores.
Assuming 70% of sales came from the stores
$500,000 X 70% equals $350,000/585 stores equal $600 per store.
$150,000 then came from other sources.
Unaccounted for in this analysis is the $250,000 in receivables.
For Q1 2016 there will be about 2511 stores to start the year.
They are the existing 585 Boots Stores 500 new Boots Stores, 1077 Lloyds Stores, 60 Gordon Chemist Stores and 186 Super Drug Stores and 103 Showcase Stores = 2511 stores starting the year. All this has been reported by the company.
Appears there are up to 61 Weldricks Stores adding also.
Cost of goods sold was 36%
So the company gets 64% profit from sales. (From Financials.)
Loss was $727K therfore they need additional sales to cover that loss and breakeven. They need then an additional
$1,136,000 million in sales to break even. $1,136,000 X 64% = $727,040 = Breakeven.
$1,136,000 + $500,000 = $1,636,000 for breakeven.
So using $600 per Store X 2511 Stores = $1,506,660
add back the $150,000 from other sources and well you have an approximation of what is coming. Total = $1,656,600 Q1
This assumes no further growth which should most certainly occur.
PROFIT !!
Costco Canada sales add to that number. 25K, 50K, 100K, more per quarter?
B Braun when it kicks in could add as many as 800,000 unit sales per year in the surgical kits. At just 25% of that, 200,000 units that is about another $5 Million for Biel next year starting sometime.
This will go straight to the bottom line.
Then Germany? More Canada?
Unaccounted for in this analysis is the $250,000 in receivables.
Could be instead of $600 per store the number is $700-$800 per store since word is spending?
FDA is Coming. My Analysis.
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