IPD 1.67% 5.9¢ impedimed limited

Good report, but looks to be understating things a little: For...

  1. 179 Posts.
    Good report, but looks to be understating things a little:

    For starters in 2018E, 722,000 tests = $72.2m revenue = $100AUD per test.
    Yet page 5 mentions revenue per test of $112 USD.
    and if you run spot AUD of $0.74USD through the revenue per test = $151 AUD per test.
    In summary it makes the valuation of $1.82 very conservative.
 
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