Coop, whilst the Mhc rev is very welcome it does drop the average a bit. I know last year they were averaging about £50 per test. Mhc margins are very tight, but as I said, also very welcome!
Frankie, I expect they are doing over £1m a month rgds testing right now. That's around 9k tests per week ( 1500 day x 6days) @ say £30 a test/lab average. Obviously could well be much more too!
andy, I believe both MHC and Ygen process the tests. I have noticed on Trustpilot that a lot of complaints are happening because of Royal Mail delivery. Another one is customer error when they don't 'form fill' correctly and blame the supplier. MHC trustpilot reviews have in fact improved from 3.6 to 3.9 lately. By comparison , Boots have a review rating of just 1.9.. I take these reviews with a pinch of salt as we know many are lies and have an agenda...like competitors for instance!!
Covid income is all well and good and very welcome, but bring out the DNA products asap for me. I am really looking forward to that happening. In the meantime keep those millions of ££££ rolling in!!
RE: Company makes a loss - Directors made a killing from warrants13 Jul 2021 14:21
iphonetrader, memory not as good as it used to be is it? That's because you can't remember bulls hite.. Now did you sell at £1.10, OR above £1.10 as you reckon a while ago?? PMSL!
for me whilst the covid income is fantastic and very welcome it's the inhouse products that need to come to the fore fairly soon imo. Once they are launched and they hopefully start to sell well then that is when this will rocket and stay there. Be great if they can agree a deal with Boots again as they have nothing like the DNA home testing kits on their shelves right now that I could find anyway.
it needs the shares to be in stickier hands. There are still too many short termers /furlough who know nothing about the company and settle for a few %. When most if not all of those have p issed off then we will get some traction. The next 3 months could well be even better. They will concentrate on maximising near term covid income and then launch their own products soon we hope. Future certainly looks good imv.
RE: £3m revenue in just 2 months.....7 Jul 2021 16:20
can't wait until they announce their product launches maybe in Boots stores and online. Could well happen as they are on good terms with the buying dept at Boots.
Hemo, don't forget that is total rev for MHC at maybe £65 a test. I doubt Ygen will be more than £15-£20 each. Even so that's £250k a month from MHC alone. Add in all the other bigger margin covid customers and it soon adds up rgds covid.
seems to have finished. No more buy one get one half price. Was done to catch the news of the tie up with Boots and Easyjet. The online counter still regularly showing between 50-80 viewing at any one time, and always showing 100+ bought in any 24 hrs.