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  4. Progressive Care Inc. (RXMD) Message Board

RXMD REVENUE COMPARISON Choosing the largest for

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Post# of 1525
(Total Views: 368)
Posted On: 09/30/2017 11:08:44 AM
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Posted By: times2times2
RXMD REVENUE COMPARISON
Choosing the largest for comparison. Good for me and much better for RXMD. No discrediting the 22 million revenues from this single location. They are a BEAST. Let's compare them to some other BIGS then per location.

2.6 Times as much revenue as CVS
3.3 Times as much revenue as Walgreens
5.2 Times as much revenue as Rite Aid

That means RXMD could have 5 locations and still be churning out more revenue than Rite Aid per location. No Mom & Pop. Just a core business working hard and producing results.

Here's stats below for calculations:
Quick CVS and others Compared to RXMD Pharmacy Revenue Stat

CVS Pharmacy Revenues are 83.2 billion. CVS has 9,750 stores, that's an average of 8.5 million per store. That's 2.6 times as much revenue.

Walgreens Pharmacy Revenues are 54.4 billion and has 8,175 stores, that's an average of 6.6 million per store. That's 3.3 times as much revenue.

Rite Aid's Pharmacy Revenues are 19.9 billion and has 4,621 stores, that's an average of 4.2 million per store. That's 5.2 times as much revenue.

RXMD currently has one location, and it is set to bring in 22 million in revenues. It's no wonder CVS has an interest in our business.


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