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Published byNelson Freeman Modified over 9 years ago
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MobileCare – A Venture into The Emirati Market Name Mohamed, Mohamed Taj
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Target Market Facts About Diabetes 1 person dies every ten seconds Fourth main cause of death in developed countries Why the UAE Ranked 11 th globally and 5 th regionally (MENA) in terms of diabetes prevalence Around 1.7 million are diabetic High GDP per Capita, with nominal per Capita GDP of $49,995 Ranks fifteenth in purchasing power per capita No Taxes Strong telecommunication and medical Infrastructure
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Right a Wrong Require Consistent Monitoring Data can be sent to a server, where proper analysis will be made and sent back to patient High Medical Costs due to possible complications Patient does not have to visit doctor Because of regular monitoring, risk of having complications will decrease
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MobileCare System MobileCare Apparatus MobileCare Server Hospital Mobile Phone Network Through Digital devices Patient
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Funds Required & Net Income Year 1 187,357 Year 2 1,040,116 Year 3 1,444,495 Total Funds$6,092,900 Manufacturing Costs 1,657,500 25,500 units + 30% $50 Development Costs 168,000 60 days*8 hours $350 Advertising1,000,000
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FINANCIAL RATIOS Current Ratio = 5.63 Quick Ratio = 5.42 LIQUIDITY RATIO Debt ratio = 0.20 LEVERAGE RATIO Average inventory turnover ratio = 6.68 Net sales to Total Asset ratio = 0.06 OPERATING RATIO Net profit on Sales ratio = 11.56% Net profit to Asset ratio = 5.48% Net profit to Equity ratio = 7.16% PROFITABILITY RATIO
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