Chinese sales numbers

This is an interesting bit of information from A2m's announcement this morning .... 'The registration will ensure that direct exports to China of a2MC’s China label infant formula products (a2 Platinum® infant formula), which currently comprise ~8% of a2MC’s total infant formula sales, can continue from 1 January 2018.'

So 8% of their total sales are attributed to the Chinese market direct. So if you run the numbers on $1.41m gross revenue for the last quarter at 8% then you're looking at $112,000 for the quarter.

Now let's say that because of the koala channel, Bub's are doing exceptionally better than A2M, here are a few scenarios:

20% of sales: $282,000
30% of sales: $423,000
40% of sales: $564,000

Numbers that were thrown around last night (from myself included) ranged from $1-5 million for the quarter for Chinese sales. If you take the bottom end of ranges thrown out at $1 million for the quarter, then this represents 71% of BUB's total infant formula sales into the Chinese market which is a 63% higher A2M's.