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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 Tuataraon Apr 21, 2024 1:20pm
114 Views
Post# 36000233

RE:RE:Thoughts on Earnings ahead?

RE:RE:Thoughts on Earnings ahead?Hey,

If you go read page 18 of the last MD&A, its states that carried quartely losses from its discontinued ops which include RXi and VPROS is $467k or $850k after tax

The results of the entities that were classified as discontinued operations in the periods are presented below: Three months ended September 30 Nine months ended (Unaudited) September 30 2023 2022 2023 2022 Revenue $ 1,904 $ 14,674 Expenses 2,375 $ 9,302 Impairment Operating loss 15,282 11,272 - (471) 4,044 - $ 42,762 44,480 33,286 Finance costs (4,652) Other income Loss before tax from discontinuing operations 6 - (465) (154) (2,824) (1,970) (75) 14 (35,004) (189) (6,579) Tax (expense)/recovery (385) (7,630) (2,031) 417 (1,351) Gain on sale of Benchmark’s business Loss after tax for the period from discontinuing operations - - 190 (41,772) 426 - $ (850) Loss per share from discontinuing operations $ (7,213) $ (3,192) $ (41,346) $ (0.00) EBITDA and Adjusted EBITDA2 $ (0.02) $ (0.01) $ (0.14) EBITDA for the three and nine months ended September 30, 2023, and 2022, was a loss of $1,312 and $7,702, compared to a loss of $11,705 and $53,872 for the same periods in the prior year.
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