This is the piece i like below from the latest fin review article, re AU market alone. Wouldn't surprise me to see a 7 figure revenue number in the next 4C with a 2 handle in front of it. As they will probably be in close to a 100 IMED clinics by then, i would say... If each clinic averages at 2 scans per day @ $160 per scan X 100 = $32,000 per day x 260 days of operation per annuam (Mon to Friday) only = 8.3 million pa that gets you 2 mill plus per quarter. On top of that I haven't allowed for any US Miami Uni revenue.
Mr Fouras is comfortable 4D Medical can deliver “very rapid revenue growth” from a small base over the next couple of years, and acknowledged the US was the big prize.
“We have a bit of a hometown advantage in Australia and see it as something like a $400 million-a-year opportunity. We can absolutely take it to being a profitable company just in ANZ,” he said.
“But the US opportunity is about $13 billion. So demonstrating we can do business in the US and secure a real brand name with a five-year SaaS contract shows we can play in the big league and that’s important to investors
(20min delay)