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H2R

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H2R

Re: H2R post# 12017

Saturday, 10/03/2020 2:23:32 PM

Saturday, October 03, 2020 2:23:32 PM

Post# of 12137
SoS Assessment of Revenue

Cryoport reported that in 2019,

* MVE generated revenue of approximately $84 million and

* CRYOPDP had approximately $47 million of revenue.

Hence the combined sales of the three companies for 2019 was $165 million.

CRYOPDP and MVE have been growing in low double digits, but were impacted in 2020 by COVID. Management has not given any guidance on their growth in 2020 or potential in 2021. Just for the sake of illustration, let’s assume that revenues of CRYOPDP and MVE are flat in 2020 and grow at 10% in 2021. This would suggest revenues for the new Cryoport in 2020 would be $172 million and in 2021 would increase to $200 million.



https://smithonstocks.com/cryoport-update-cyrx-42-24-buy/

Best of luck with your investments!
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