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Remedent, Inc.  (REMI)
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    Sector  Consumer Non Cyclical    Industry Personal & Household Products

Remedent Inc's



REMI Sales vs. its Competitors Q4 2017

Comparing the results to its competitors, Remedent Inc reported Total Revenue increase in the 4 quarter 2017 by 25.66 % year on year.
The sales growth was above Remedent Inc's competitors average revenue growth of 9.98 %, recorded in the same quarter.

List of REMI Competitors

With net margin of 6.14 % company achieved higher profitability than its competitors.

More on REMI Margin Comparisons

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Net Income Comparison

Remedent, Inc. Net Income in 4 quarter 2017 declined year on year by -55.93 %, faster than the decline experianced by the competitors

<<  More on REMI Income Comparisons

Remedent Inc's Comment on Competitors and Industry Peers

GlamSmile . Our competition consists of both alternative procedures that can be performed to achieve in part the results that would be achieved through a GlamSmile procedure, as well as competition from dentists not within the GlamSmile network who provide veneer procedures. With regard to alternative procedures, options available to the consumer include various whitening procedures, dental implants, dental bonding and dental caps. With the exception of whitening procedures, which for the most part cannot address many of the dental issues solved by GlamSmile veneers, the remaining alternatives all involve more cost, more patient discomfort and more time to complete. There are many dental practitioners that perform traditional veneer procedures. In most cases, traditional veneers will also be significantly more costly then GlamSmile veneers and require the dentist to remove more of the existing tooth material as well as requiring multiple patient visits to complete. That said, there will be existing practitioners that believe they can attain more customized results with the individual veneer approach as opposed to the GlamSmile tray approach and may be reluctant to offer our less costly procedure. To the best of our knowledge, GlamSmile will be “first to market” with respect to a direct to consumer advertising and promotion campaign for veneers anywhere which should enable us to capture market share in what we believe will be a rapidly growing market. Further, we have filed for patents on our proprietary tray delivery systems and have developed years of knowhow relating to treating patients with the multiple veneer approach. However, new technologies are continue to be developed and new processes could be designed that would not violate our patents and result in similar solutions that could compete with GlamSmile products. Because we are uniquely positioned to have the ability to control the entire process from manufacturing to marketing to distribution, we believe it is feasible for us to have complete control and flexibility to maximize margins and respond aggressively to any competitive situation.

<<  See the full list of REMI competitors

Competitiveness By Company's Divisions


Total Segment Market Share Q4 2017

Contrary to strong revenue growth of 25.66 % in Total segment, Remedent Inc has lost market share within this segment.

<<  More on REMI Market Share.
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