Depends on the time frame.
If my Sales Director told me they'd double sales this year, I'd take them to dinner. If they told me they'd increase sales 10 times in just 12 months, I'd probably have them drug tested. I may be a pessimist but in my experience unless it's sex or crypto-currencies, it just doesn't happen that way.
I think these numbers are correct....(BTW I wish they'd stop comparing current quarter revenue with their school pocket money, it's just so transparently desperate that it makes me doubt their confidence)
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 0 Fy16 Q1 Q2 Q3 Q4 FY17 1 Aust Units 311 83 121 93 123 420 2 USA Units 38 176 366 570 1150 3 $ 0.57 0.257 0.701 1.177 1.789 3.924
IMO if they do 4000 units in FY 2018 we'd be doing exponentially well with a new product in a very traditional and risk/change adverse industry in the most litigious nation on the planet. Surgeons hate being sued, their insurance is expensive and so they aren't going to switch on a whim.
I am 40% down on my investment. I don't doubt the potential but I definitely mistimed and I will not buy more until we clear 1000 a quarter.
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