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Remedent, Inc.  (REMI)
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Remedent Inc's

Competitiveness


 

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 9.97 %, 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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REMI's vs. Competition, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME TICKER MARKET CAP REVENUES INCOME EMPLOYEES
Remedent, Inc. REMI 5 3 1 10
Colgate Palmolive Co CL 56,998 15,694 2,241 37,700
Johnson & Johnson JNJ 334,958 78,693 1,245 126,500
Procter & Gamble Co PG 208,982 65,058 15,411 110,000
Sara Lee Corporation SLE 0 0 0 0
Clorox Co CLX 16,995 6,080 807 7,700
Scotts Liquid Gold Inc SLGD 24 39 3 67
Cca Industries Inc CAW 20 21 -1 98
Church & Dwight Co Inc CHD 12,565 3,905 770 4,400
SUBTOTAL 630,548 169,493 20,477 286,475
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