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MobileCare – A Venture into The Emirati Market Name Mohamed, Mohamed Taj.

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Presentation on theme: "MobileCare – A Venture into The Emirati Market Name Mohamed, Mohamed Taj."— Presentation transcript:

1 MobileCare – A Venture into The Emirati Market Name Mohamed, Mohamed Taj

2 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

3 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

4 MobileCare System MobileCare Apparatus MobileCare Server Hospital Mobile Phone Network Through Digital devices Patient

5 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

6 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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