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CloudMD Software & Services Inc V.DOC

Alternate Symbol(s):  DOCRF

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 slowcookon Jun 02, 2022 3:13pm
177 Views
Post# 34727419

RE:RE:RE:Trading Halt

RE:RE:RE:Trading Halt
Nice, thanks for decalaration@Dartmam32 on this one too.
You said you listen the conf call.. Question... what do you exect for Q2?
There was a couple questions regarding to the seasonality of the business and non reoccuring ravenes .. and it seems that it won't be as good as q1 if it makes sense to compare it.

Within the quarter, we generated some additional revenues related to COVID-19 service contracts that are winding down. Our fee-for-service business does experience some quarter-to-quarter fluctuations depending on opportunities and client needs for additional service delivery.


As we talked about last quarter, sales through VisionPros were disrupted as we conduct a full review of the business before re-signing contracts in Q2 for sales expected to start in late Q2. The other decline as we forecasted was in our IDYA4 business which due to the nature of servicing large government contracts is typically seasonally weighted to the fourth quarter.
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