So, hypothetically,, if one million test kits per
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Posted On: 07/28/2020 3:52:49 PM
So, hypothetically,, if one million test kits per week are sold, and what Dr. Paull said is true, that QMC HealthID earns $2 per test, then 52 million tests in a year is $104M in revenue a year.
Also, hypothetically, since QDX HealthID is sold as SaaS, there is monthly revenue of some sort. There is no way to know what charges and fees and services are, but just for the sake of providing an example, let's assume it is one penny per record maintained on the system.
One million records per week means about four million records per month, times a penny is $40,000 per month.
Fifty million tests/records over a year at $10000 per million per month is $500,000 per month or $6M per year. Again, this is a hypothetical example just for illustration that some sort of monthly charge for SaaS exists. It is likely a fraction of a penny, and a lesser amount. We don't know.
Still, I would think as this info is understood, it will lift QTMM out of the pennies.
Also, hypothetically, since QDX HealthID is sold as SaaS, there is monthly revenue of some sort. There is no way to know what charges and fees and services are, but just for the sake of providing an example, let's assume it is one penny per record maintained on the system.
One million records per week means about four million records per month, times a penny is $40,000 per month.
Fifty million tests/records over a year at $10000 per million per month is $500,000 per month or $6M per year. Again, this is a hypothetical example just for illustration that some sort of monthly charge for SaaS exists. It is likely a fraction of a penny, and a lesser amount. We don't know.
Still, I would think as this info is understood, it will lift QTMM out of the pennies.
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