Confidential — For qualified investors only
Market Opportunity

SCUDOdoc Global Market

A €3 Billion Phase I opportunity across private GP & dental clinics

€3.0B
Phase I TAM
(private clinics)
€1.875B
Serviceable
Addressable Market
<80%
Gross Margin
Target
€400M
Revenue Target
Year 6

Market Phases

Phase Target Key Characteristic
I France 47K dentists → EU 360K dentists Private, fast cycle, ESG-driven
II EU GP & specialist clinics (480K) Private; GP network adoption
III US & other Western markets (Japan, Korea, Taiwan) Supply-security driver
IV Public health systems, hospitals & community clinics Largest volume; longer procurement cycle

Business Model

Annual Recurring Revenue
€400/device/year
(declining to €300 in year 3+)
Gross Margin Target
>80%
High margin SaaS-like model
EU Phase I–II ARR Target
€150M–€300M
Within 5–6 years
vs. Current Spend
Saves €100–€600/clinic/year
Replaces €500–€1,000 annual mask spend at €400

Revenue Projections

Year France (€M) EU Dentists (€M) EU GPs (€M) Total (€M)
1 & 211.011.0
311.243.654.8
414.972.616.5104.0
518.6101.733.0153.3
622.3130.749.5 + 205.7408.3