I thought to start a new thread about the future of CDX and some predictions about what could come...IMO
Still trying to work out how CDX will perform with several devices on the market for sale. The big question for me was always production costs of their devices.
Fitbits production costs are around 25% of the retail price, Apple 25-30%, Garmin 28% and Mobvoi around the same....so lets say 30% average. Now add up around 30% for marketing and wholesale, what could be lower if you do direct sales, what Coops mentioned earlier.
Adding this all up, CDX would roughly end up with 40% in their coffers.
Actors Oscar 2 device retails for about 4300 Aus $, what should bring in 1720 Aus $ per unit approximately.![]()
Oscar 2 sales are in the low hundreds per year.....lets presume 250 units per year with a profit of 1720 Aus $
250 x 1720 $ = 430000 Aus $ per year...what doesn't sound to flash.
The next new device PULSE under the Conneqt brand (anticipated launch Q2 FY22) is a different beast.
more features more software and FDA approved. I have no idea what the retail price would be for the Pulse device, but my guess it will be more expensive than the Oscar 2....lets only presume around the 6000 Aus $.
Production and marketing costs would be around 3600 Aus $, what leaves CDX with about 2400 Aus $ per unit profit. First production of the Pulse device will be 50000 units, where 10000 units are preordered!
10000 units x 2400 Aus $ = 24.000.000 Aus $ and respectively 120 million $ for the 50.000 units...
doesn't look to shabby at all...and that's only for the new Pulse device.
Now add up to this: Conneqtband ? ArtyGo App ? Pulse MD ? Artynet Saas? and any new devices planned for the Conneqt brand in future.At a market cap of only 65 million, CDX looks very attractive and I can understand why Coops is showing so much confidence in the future of CDX.....IMO
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Last
4.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.94M |
Open | High | Low | Value | Volume |
4.0¢ | 4.0¢ | 4.0¢ | $12.03K | 300.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15000 | 3.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.5¢ | 157414 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15000 | 0.039 |
3 | 314000 | 0.038 |
4 | 657100 | 0.037 |
2 | 263210 | 0.036 |
2 | 282142 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 157414 | 2 |
0.050 | 100000 | 1 |
0.052 | 180000 | 1 |
0.080 | 100799 | 1 |
0.000 | 0 | 0 |
Last trade - 13.15pm 23/06/2025 (20 minute delay) ? |
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