Ann: RHCG to distribute Osprey technology across Australia and NZ, page-48

In case anyone is interested;

DyeVert unit price is $350 USD
Market size is $1.65b
2019 expenses $21m

IF we take the top end of the forecast growth rate provided by management of 80% yoy (combination of continued US expansion and distribution agreements)

THEN approx. 4 years before OSP is profitable. Highly likely needing 1-2 more cap raises (depending on amounts raised).

Assuming, expenses can be maintained at current $15m, GE is contributing 40% to revenue by yr 4, then break even unit number is approx 60,000 units.

if expenses return to 2019 levels, then break even is approx. 84,000 units.

Data gather from Investor presentation 19 June 2020. Extrapolated with own forecast spreadsheet. DYOR.