Monday, April 02, 2018 5:41:04 PM
The call will be up on the website from company likely in a day or two. They sold 16 units in 2018 1Q and 10 in March, massive sales increase as sold 10 in all of 2017.
Fair number of questions. They said near end of 2018 Streamway with 100 sales in 2018 would be 55% consumables 45% systems. Very encouraging.
Also they expect $3.5 million to $4 million of sales in 2018. They did 654k in 2017, that is massive growth. Also they had 100 units total before 2018 so at year end that would be 200.
If they sell another 300 in 2019? then 500 units installed which by my calcs would be $12 million in sales.
They said 200-250 units per year to go positive cashflow, more than guessed but appreciated their honesty.
Tumor thing sounds good too.
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