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Re: None

Tuesday, 11/19/2019 11:54:28 PM

Tuesday, November 19, 2019 11:54:28 PM

Post# of 2236
SNWV has placed 70 systes so far. In October, they placed 12. In November, they want to place 20, and in Dec, 25. They said repeatedly that they are ' very comfortable' with these numbers.
Of course, placement is one thing, revenue is another; but still, that's a great start.

They are confident they will break even by mid 2020.

Their Target goal is 100 million in the
third or fourth year, this being the first year. So little extrapolation tells you that by end of 2021, they could be doing 100 million in sales. If they really hit that Target, the price sales multiple should be 15/20 for this kind of growth. ISRG has PS of 15.

So bottom line, if it all goes well, and mgmt is quite excited that it will go really well, you are looking at 1.5-2 billion dollar company in 2 years.
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