Post by
hotginger on Jun 22, 2022 1:07pm
Are we cash flow Positive???
DIAGNOS has a high-margin SaaS model; it only costs ~4 cents to process an image that it charges between ~C$5 - $10, this represents a 12,500% gross profit margin at $5. DIAGNOS does not sell the software, it protects its proprietary code and database, the software resides in its servers, and everywhere the CARA platform solution is set up it functions as a service. In the Company’s latest Corporate Update, issued January 26, 2022, DIAGNOS stated “The Company’s accomplishments in 2021 were truly transformational and have positioned DIAGNOS for success in 2022. Our team at DIAGNOS is committed to the task at hand; delivering growth and value for all shareholders. The Company anticipates being cashflow positive by the end of June 2022.”