NUH 0.00% 8.1¢ nuheara limited

What retail investors should be noticing in NUH, page-54

  1. 6 Posts.
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    Having invested in the share for over a year, I am a true believer of the company and I want to witness its success in the near future.

    In relation to the coming quarterly report, I hope we are all prepared. If there is any good surprise it will be great. Below is my rough calculations for this quarterly sales revenue based on the known facts as well as my assumptions.

    Known fact: 2.5 mil sales revenue for FY 2017; 4 mil revenue for FY 2018; 1.4 mil for half year ended 31 December 2018.

    Known fact: IQbuds sold in FY 2017; IQBoost sold from 01/07/2018; revenue on first trial of 2500 units of IQBoost included in FY 2018.

    Known facts: average sale price was $181 for FY 2017 and FY 2018; $337 from 01/07/2018.

    Till date the total units of sold including both IQbud and IQBoost is 40k - this is a deemed fact being confirmed by Justin.

    My rough calculations: Units sold for FY 17 is 13,800 ( $2,500,000/$180); units sold for FY 18 relating to IQbuds is 17,200 (3,100,000/$180), for IQBoost is 2,500 ($900,000/$360); for first half year 2019, units sold are 4,100 ( 4,000 units of IQboost and 100 units of IQbuds): 4,000*$350 + 200*$100=$1,420,000).

    So I assume units sold for first quarter 2019 will be around 1,800 to 2,400 including 1,600 to 2,000 units of IQBoost and 200 to 400 units of IQbuds. I expect the average sales price will be increased since the company has aimed to increase the margin.

    So the revenue for this quarter is likely to be between $600,000 to $800,000.

    Wish all long term holders an be rewarded in the years ahead. We need some patience and confidence on this company given that they are creating a new market!

    IMO
 
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