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LED Medical Diagnostics Inc LEDIF

"LED Medical Diagnostics Inc is a Canada based company engaged in development and marketing of a medical device under the trade name VELscope which is used in the dental industry to help identify oral soft tissue abnormalities including those which may be cancerous or precancerous. In addition, the company also features a Digital division that provides dentists and oral health diagnostic imaging products and software. It principally operates in North America."


GREY:LEDIF - Post by User

Post by deepthinker63on Jun 15, 2019 12:19pm
74 Views
Post# 29828922

My take

My takeSo, the goal at this point seems to be to maximize the number of SaaS subscriptions.  It makes sense since that’s the way to grow the company in the long-run.  However, when you’re doing this sort of land-grab, it’s going to impact margins and revenues in the intermediate term.  That seems to be the general approach across all of LED’s product lines, such as Tuxedo.  They don’t want to be a niche company or small player, but those objectives have certain costs attached.
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