Just trying to estimate potential year end instrument sales, could do with some help.
From year end results 03SEP2002 ...
"Now, just weeks into our new financial year, we already have a
confirmed order book for over 3,500 instruments as well as 500,000 cartridges.
The predictability of demand will increase but meanwhile we must learn to live
with and to respond to these huge swings in demand".
Recent sales update 26NOV2002...
"Following on from this, Provalis is pleased to report that it shipped
approximately 2,400 instruments and 260,000 test cartridges to its distributors
in the four months to the end of October, and then during November shipped the
one millionth Glycosal test cartridge from this plant".
As both the above are talking about the same period it would seem that the November update was confirmation of what we were told in September. In fact it would appear that 1100 instruments are yet to be shipped.
Offset stock piling against Cholestech's comment about GDX sales exceeding expectations, I think we can say that year end sales of instruments will be around the 10,000 mark. I'm not even going to try and estimate cartridge sales for the moment.
What does that mean in terms of bottom line sales ( break even ? or better )
It should be much easier to estimate future revenue once we see the year end figures in September but for now it's very difficult.
C'mon guys you must have had enough xmas pud by now, time to get back to bizz.
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