Gross Profit = MCap at 50% Capacity Uptake16 Oct 2021 10:49
Let's try some ball-park figures :
Capacity approx. 2mn tests p/wk
Split between Visitect/Antibody/DHSC..assuming low ball retail @£4 per test on average
Assume 30% margin on DHSC,50% on the rest,roughly = £3.6mn GP , p/wk , £187mn p/annum
Assuming 50% capacity uptake = £93.5mn
Admittedly,these are rough figures and the variables can change,but as a ball-park figure of £90mn Gross Profit @ 50% capacity @ £4 per test overall..not bad considering our mcap is hovering around £90-£100mn.
Obviuosly,Gp figures could end up more or less than this estimate,but as a guide i think it's a fair enough starting point.Personally expecting the SP to be at least £1 in the near term.