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CloudMD Software & Services Inc DOCRF


Primary Symbol: V.DOC

CloudMD Software & Services Inc. is a healthcare service provider. The Company operates through two divisions: Health and Wellness Services (HWS) and Health and Productivity Solutions (HPS). HWS operates through two models: subscription-based pricing using a price per member per month with an average contractual term of three years; and a per-case billing model at an agreed-upon rate for services that are used in disability management, occupational health, and other employer services. HPS division offers health and productivity tools intended to create a better experience for those needing healthcare. The Company’s workplace health and wellbeing solution, Kii, supports members and their families with a personalized and connected healthcare experience across mental, physical and occupational health. Kii delivers superior clinical health outcomes, consistent high engagement, and measurable ROI for payers such as employers, educational institutions, associations, governments and insurers.


TSXV:DOC - Post by User

Comment by Possibleidiot01on Aug 28, 2023 1:58pm
147 Views
Post# 35608449

RE:Dont mean to be a damp squid…..but

RE:Dont mean to be a damp squid…..but
Tuatara wrote:

$2.1MM in REV in the quarter after all this time, really? $55MM pipeline with over 30% win rtae has been talked about for over a year now.

math doesnt tie back to the results. Also generates skeptical thoughts of: does the market see any value in what DOC has built vs major/bigger competitors? If they did, why are they not seeing greater demand?
 

this RPM deal appears a) one servuce line but b) saved the quarterly call/report.

What about all the puzzle pieces and its combined value being bought by big national companies? 

Q results are better as an outcome of cuts and divestitures shoring up CoH but my concerns have not faded 



Confuses me.

"$2.1MM in REV in the quarter after all this time, really?" REV being Revenues? or does it mean somethingelse because
"Q2 2023 revenue of $23.2 million, compared to $22.9 million in Q1 2023 and $26.2 million in Q2 2022."


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