Why I like it1575 physicians trained - grew by 100 last qtr
432,000 procedures completed. 32,000 done last qtr.
Revenue for the qtr was 1.8m - avg $56/procedure
Net income for the qtr was 453k - avg $14/procedure.
If we take the 32k procedures / 1475 physicians that were already trained, that's 22 procedures/physician/quarter (1 every 3 business days).
Once a physician is trained, you don't have to train them again. They just keep doing procedures, which will also likely increase in frequency as people become more aware.
Training 100 new physicians per qtr means this company has the potential for exponential revenue/income growth.
They are growing cash which means they don't need to finance.
Steady (exponential) growth in earnings + no financings = stocks that go up.