CloudMD Software & Services Inc DOCRF

Dont mean to be a damp squid…..but

[Tuatara]

$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

[Dartmam32]

Did you not listen to the call? It seems like you just don't want to see what's happening.  Double digit growth is great for a company with $100 revenue , lots of cash and not losing money. The potis big. Remember that a lot of the deals signed take time to kick in. It does not happen overnight. 

[Mapleleaf57]

Do everyone a favour on this site, put your negativity to good use somewhere else.

[Possibleidiot01]

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."

[Dartmam32]

You are forgetting about all the revenue producing assets that they sold and the lost contracts they had signed during Covid. The nice thing is that they are replacing all that low margin business with higher margin business. Also , in the next 11 months most, if not all of the severence payments will be done with. The new CFO and CTO impressed me with their words today. The next 12 to 36 months