UCM 3.85% 2.7¢ uscom limited

COVID19 - USCOM1A sales

  1. 811 Posts.
    lightbulb Created with Sketch. 49
    I've done some background research on the USCOM 1A unit sales from ASX announcements and a news articles.

    What I've found is -

    As of EOY 2017 - sales history of more than 1,100 units sold.
    In addition to this figure add the following numbers -
    2018 - 92 units sold
    2019 - 108 units sold
    2020 - 51+ orders in pipeline
    Total is over 1,300 units sold to date.

    An USCOM 1A ultrasound doppler device sells for between $30-$40K USD. Therefore, let's simplify things and use a round figure, say $50K AUS.

    Recently, Uscom said it intends to increase production by about 121% on 10-year average outputs to meet the expected demand in the second half of 2020.

    Do the math... at a conservative figure of 100 units @ $50K AUS = $5million. If you take the 124% remark above and doubled the 100 units to 200 units this equates to $10million for the year.

    I'm getting pretty pumped over these figures, and that's just for 1 product with most sales in one country - China!!! What's gonna happen when Europe and USA are opened up... hmmmm difficult not to get overly excited! biggrin.png

    GLTAH

 
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