ICR 0.00% 0.9¢ intelicare holdings limited

Breakeven point

  1. 2 Posts.
    In an interview on the StockDoc Podcast, released 16 November 2020, CEO Jason Waller said that Intelicare's breakeven point is 3000 to 6000 units installed.

    I emailed the company and they confirmed on 18 December 2020 that Intelicare has over 250 units deployed with a further 200 under contract.

    The company's quarterly update dated 28 January 2021 said "...This brings the total number of subscriptions sold to over 450". This indicates that from 18 December 2020, the 200 units under contract were taken up.

    This is good progress. It is encouraging that the company's goals are well defined. 3000 is the key number. Only 2,550 more subscriptions to go!
 
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