Friday, April 15, 2016 12:37:17 PM
Based on the new Q4 report these numbers are Very Conservative.
Based on the number of stores and backing out numbers from financials for Q3 we can see at LEAST $600 per store sales average.
For PROFIT Biel needs about $1.6 Million in Gross Sales. Here are the calculations.
Last Q3 Sales = $500K
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.
This assumes no added fixed costs or decreases in fixed costs.
Advertising increases would increase that number.
Total sales need to be an additional $1,136,000 + $500,000 (Q3) = $1,636,000 in sales for breakeven.
We know in Q3 they had 585 stores selling product.
With an estimate of 70% revenue coming from the store shelves that is $350,000 which when we divide by 585 stores =$598 in revenue per store.
Starting Q1 we know there will be at least 2510 stores.
2510 X $598 revenue per store = $1,500,980 in store sales.
Assuming Q3 store sales at 70% leaves 30% from other sources or
$150,000 This number should grow also by at least 25%.
Store sales of $1,500,980 + $150,000 from other sources
= $1,650,980 and this is a conservative estimate.
Profit, and this is without any OTHER GROWTH, and where the company CURRENTLY is at.
Then there is B Braun which should hit very soon and add tremendously to sales.
B Braun is NOW IN PLAY!!!!!!!!!!
FDA is Pending and should also hit soon.
Q4 saw 429% store shelves growth. 585 Q3 to 2510 Q4.
Oh and add Costco Canada sales to these numbers. Another 25K to 50K
Oh and don’t forget last quarters receivables of $250,000
Oh and that Pesky FDA Clearance!!
Boom there it is!!!!!!!!!!! $$$$$$$$$$$$$
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