RE: By-Health Patent applications25 Mar 2025 12:04
When BH make their initial order we will be well into profitability. BH are a very large company themselves (9% market share) and will be launching many products, using FF as the platform for their heart health products (BP, lipids, flow), but also for other things like memory, wound healing, fertility, sports performance/recovery etc. On top of that, a large number of multinational companies have agreed to help them commercialise FF in China. On top of that, I would say it is likely that the Chinese state will also provide support, as BH have already stated that they are doing this to address the risks highlighted in the HC2030 policy. On top of that, beef sausages of Ershang Meat Co :)
I am guessing that the first order will be somewhere in the range of £4m to £6m and the profit for PXS on that will be about 60%. Then there will be massive growth ahead.
We don't have enough information to give an informed guess, so it's just my feeling, which may be totally wrong.