Axim Biotechnologies Inc (AXIM)

[TexasMarvL]

$53,000 in Q1 revenue. This is bare bones revenue and according to my original ballpark math, there was $45,000 in new start-up revenue and only about $8000 in re-order revenue.

This actually makes sense. It takes time to get staff trained on the new tests. It takes time to get staff focused on selling the new tests.


This is my original ballpark math

15×300×$10=$45,000 for initial start-ups in Q1.

One new location per week.
15 locations
300 initial tests ordered at startup.
AXIM gets $10 per test


Reorders per location per month may be between 50 and 150 tests. If we can estimate 100 tests per location per month it makes the math easier.

15×100×3×$10=$45,000.
15 locations
100 tests re-ordered each month.
3 months in a quarter.
AXIM gets $10 per test