For the record, sales maybe in the order of 150,000+ bottles of tonic (and the like) in Japan & Asia which at a wholesale price of say $40 would be worth about $6m pa. Australian sales may be guessed in the order of $500K+ pa. Fujukura milestone revenue this year is $200K. That totals roughly $6.7m. On top of that there will be a milestone payment from Quest and the proteomics royalty revenues (as explained by RM Research).
Back of the envelope calcs are very very rough and of course revenue does not equate to profit. However, pending clarification from the company and and of course the September quarterly I'll assume (rightly or wrongly) that revenue is in the order of $5.5m to 7.7m pa. and that profit margins on the Japanese front can be greatly increased.
cheers
CDY Price at posting:
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