r/MBOT_Stock

(EDIT): post from yesterday but still applies. System directed to post in this sub- (thanks Reddit!)

(6/30) It was up % 5 yesterday and already up 3 % in pre-market.  I was in at 1.78 yesterday, out at 1.87 for a nice profit; but looking at it again today.  Company has tailwinds including recently increasing manufacturing capacity, and entering partnership with Sanmina Corp. to increase market share. Anyone viewing this as a good short-term play or even hold? 

 

Just my 2 cents after today’s PR…

People are focusing on the manufacturing agreement, but I think the choice of partner is almost as interesting as the announcement itself.

Sanmina isn’t some random contract manufacturer. They’re one of the most respected high-end manufacturing companies in the world, especially in medical devices, aerospace, defense, communications and other highly regulated industries.

They’ve manufactured products for major companies over the years, including NVIDIA, Cisco, GE HealthCare, Siemens Healthineers, Philips, Medtronic, Abbott and IBM. Their reputation is built on quality, reliability and the ability to scale production for complex products.

That’s why this partnership caught my attention.
Obviously nobody outside the company knows the expected production volumes, but I personally find it hard to believe a company like Sanmina gets involved just to manufacture 100 LIBERTY systems.

Remember, Liberty isn’t a traditional robot where the company only sells a console. The real recurring revenue comes from the single-use robotic device that’s required for every procedure.
If adoption continues to accelerate, you’re no longer talking about hundreds of units. You could eventually be looking at tens of thousands of disposable units per year, maybe even more. That’s exactly the kind of manufacturing scale where a company like Sanmina adds real value.

Another thought, and this is purely speculation. Sanmina also offers lifecycle services like reverse logistics, refurbishment and recycling for many products. Obviously the disposable Liberty itself can’t simply be reused because it’s a sterile single-use medical device. But if those disposables contain valuable electronics or materials, I wonder whether a recovery or recycling program could eventually make economic sense. Nothing in today’s filing suggests this is planned, it’s just something that crossed my mind.

Overall, signing with a manufacturer of Sanmina’s caliber feels like another signal that MBOT is preparing for something much bigger than a handful of initial installations.

Just my thoughts. Curious to hear what everyone else thinks.

With so many clients in existence now I dont understand how there can be still so little details on the price of the Liberty system, how can this still be a mistery?

I'm looking forward to see how this all plays out but some more details would be nice to know. What are your expectations?

Ok, Mbot has added 3 major Healthsystems in the past few weeks: North Carolina, Michigan, Pennsylvania.
This comes on top of the already existing sales (in the last earnings they mentioned that they have already exceeded 100k in revenue in just a couple of days into the quarter).

Ok let‘s say Liberty is adopted by:

Penn Medicine (Pennsylvania): 7 hospitals

Corewell Health (Michigan): ~21 hospitals

UNC Health (North Carolina): ~20 hospitals
(Let‘s say around 50 hospitals)

In total there are about 1200 - 2000 endovascular surgerys per month by all of these hospitals combined (so 25-40/month).

If we set a pricepoint for Liberty at 2.500$ we could easily reach a revenue of around 3m - 5m per month (100% Liberty use).

Even if Liberty is just used in 10% of all interventions, we reach a revenue that‘s 3x or 5x (per month!) higher than the full earnings of Q1 - let that sink in!

On top: today Mbot maybe gets awarded as „Innovative Startup“. Check this site: https://surgicalroboticsindustryawards.com