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Remedent, Inc.  (REMI)
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Remedent Inc's

Competitiveness


 

REMI Sales vs. its Competitors Q3 2018



Comparing the results to its competitors, Remedent Inc reported Total Revenue decrease in the 3 quarter 2018 year on year by -49.07 %, despite revenue increase by most of its competitors of 2.68 %, recorded in the same quarter.

List of REMI Competitors





Revenue Growth Comparisons




Net Income Comparison


Remedent, Inc. recorded net loss , despite income increase by most of its competitors of 2.37 %

<<  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.



  

Total Segment Market Share Q3 2018

Total segment, revenue fell by -49.07 % and company lost market share, to approximate 0.03 %.





<<  More on REMI Market Share.
 

*Market share is not actual measurement, only performance comparison of companies which report and operate within the same segment.

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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 3 2 0 10
Cca Industries Inc CAW 16 21 -1 98
Church & Dwight Co Inc CHD 16,718 4,105 831 4,400
Colgate Palmolive Co CL 55,386 15,625 2,268 37,700
Clorox Co CLX 21,077 6,187 841 7,700
Johnson & Johnson JNJ 396,211 81,382 1,542 126,500
Procter & Gamble Co PG 251,249 65,058 15,411 110,000
Sara Lee Corporation SLE 0 0 0 0
Scotts Liquid Gold - Inc. SLGD 33 39 3 67
SUBTOTAL 740,693 172,419 20,895 286,475
     
       
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