RXMD REVENUE IS BOOMING THEN
It's no wonder RXMD turns out more revenue from 1 location than the average CVS, Walgreens, and RiteAid combined. According to this the average store produces $3.7 million in annual sales. RXMD is producing over $20.1 million in annual sales (This excludes 340B revenues) from 1 location. That's over 5.4 times more revenue than the average location.
RXMD REVENUE COMPARISON
Choosing the largest for comparison. No discrediting the 20.1 some million revenues from this single location. They are a BEAST. Let's compare them to some other BIGS per location.
8.5 million average per store/CVS
6.6 million average per store/Walgreens
4.2 million average per store/Rite Aid
19.3 million total
20.1 million total RXMD
2.4 Times as much revenue as CVS
3.0 Times as much revenue as Walgreens
4.8 Times as much revenue as Rite Aid
That means RXMD could have nearly 5 locations and still be churning out more revenue than Rite Aid per location. A core location working hard and producing results.
Here's stats below for calculations:
Quick CVS and others Compared to RXMD Pharmacy Revenue Stat
CVS Pharmacy Revenues are 83.2 billion. CVS has 9,750 stores, that's an average of 8.5 million per store. That's 2.6 times as much revenue.
Walgreens Pharmacy Revenues are 54.4 billion and has 8,175 stores, that's an average of 6.6 million per store. That's 3.3 times as much revenue.
Rite Aid's Pharmacy Revenues are 19.9 billion and has 4,621 stores, that's an average of 4.2 million per store. That's 5.2 times as much revenue.
RXMD currently has one location, and it is set to bring in 22 million in revenues. It's no wonder CVS has an interest in our business.
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Selling shares at $.019 prior to run to $.26 would have been my biggest failure. Glad it wasn't me!! ;-)
