People underestimate that we don’t really have any major European sales (in the annual report the EU sales are mostly all Alusion - not ZinClear) yet due to only just switching to new distributors in the region.
Europe is estimated to be 4x the size of USA market (and USA historically has provided over 75% of our sales).
We were last told that Unipex, EU distributor has been locked in under a near expiring exclusive arrangement with a competitor, and they are commencing their switch to us due to superiority of our product. I recall the board saying Unipex are already “shipping quite a bit”, which you could assume lands straight into our hands once the exclusive competitor restriction is lifted.
It’s like launching a product in a brand new market that is 4x the size of your current largest market and having an immediate platform.
I choose to laugh at those who think ANO can’t fill the new capacity.
Ann: ANO Investor Presentation Update, page-82
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