At the end of December the company update mentioned total Zoleo orders were around 160t units of which 60t units had been invoiced and shipped. The difference is the back order still to made and shipped. Ie a total of 100t units
In the 3rd qtr there were orders of around 20t and 10t had been shipped.
This means that the total back log still to ship ie is around 110t units. If Beam invoices the JV for the Zoleo units for say $200 per unit this works out to be around $22m of future sales. These sales will be profitable for Beam.
The company updates have very limited details. The 110t units on back order with be allocated to
1)Beam territories , Australian and New Zealand 2) North America 3) the new market in Europe.
Beam only benefits from JV income from subscription revenue from 1 and 3
At this stage I expect that the majority of the 110t units will be allocated to North America while the other 2 markets continue to grow.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)