EYE 5.56% 19.0¢ nova eye medical limited

US$1,550,000 'annualised' revenue in Dec / 4.7 = US$329,787 =...

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  1. 7,314 Posts.
    lightbulb Created with Sketch. 1134
    US$1,550,000 'annualised' revenue in Dec / 4.7 = US$329,787 = A$505,513 per sales rep !! - question from the wording ... is that 'direct cost' per annum or for Dec ? It would SURELY have to be their direct cost per annum !!

    A$505,513 pa is still not a bad package for a medical sales person ? Hopefully most of that is commission so the incentive is there to get sales across the line. Also is the commission recurring like an insurance sales person ? i.e. every surgeon that is buying, has a % of each sale go to the sales rep for the next 10/20/30 years ?

    As usual with EYE, more questions than answers

    + 2x trainers at 60% of direct cost of sales rep = A$505,513 x 0.6 = A$303,307 x 2 = A$606,615 - pa I assume.


    https://hotcopper.com.au/data/attachments/5963/5963994-e9fb0731cfe33246bc592c62f20d83fe.jpg
    .

 
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