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Ann: Appendix 4C, page-31

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  1. 814 Posts.
    lightbulb Created with Sketch. 13
    I have just been playing with some numbers;

    1 new surgeon per sales area month (see above)
    1 unit sale per surgeon per month (as occurred in the Dec 4C)
    SP = $2,550 per unit (Dec 4C)
    At COGS% of 25% for the Dec 18 Month (Canaccord)
    No increase in operating expenses run rate from September '17 Form 10Q

    Results
    US unit sales of 4,500 for the CY2018
    Revenue for the Year: of approx $13 Million (incl Aust sales of $1.7 Million)
    Break-even by the end of December 2018
    Profitable in 2019.

    These are not aggressive assumptions!
 
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