Replies to post #56599 on Progressive Care Inc (RXMD)

[Spider Web]

SOME DATA ANALYSIS

That Some May Appreciate


FISCAL YEAR 2016 - Completed
213,500 Scripts / 252 Days = 847 Scripts / Day
$18.25M Rev / 213,500 Scpts = $85.48 / Scpt

FISCAL YEAR 2017 - So Far
34,000 Scripts / 39 Days = 872 Scripts / Day
$3.1M Rev / 34,000 Scripts = $91.18 / Script


FISCAL YEAR 2017 - On Track For
There are 250 Working-Days in 2017
That Averages 20.83 W-Days / Mo
On Track For 872 Scripts Per Day
On Track For 18,162 Scripts Per Month
On Track For 217,949 Scripts Per Year
On Track For $1.66M Rev Per Month
On Track For $19.87M Rev Per Year
NOT ON TRACK FOR $22M REV / YR

Then There Is The Issue Of
Net Income/Loss And Profit
As Overhead & Costs Go Up


WHAT IS NEEDED FOR $22M REV
To achieve FY 2017 Revenue of $22M ,
at the current ave of $91.18 per Script ,
they would need to sell 241,281 Scripts.
Need To Ave 965 Scripts Per Day
Need To Ave 20,107 Scripts Per Mo
THIS GOAL IS NOT ACHIEVABLE


THE AUDIT IS NO BIG DEAL
There should be no surprises, one way
or the other, with the Audit. As I said :

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=129924154

It's Silly To Try And Invent Your Own Catalyst


Just My Opinion