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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 Aug 25, 2019 9:44am
111 Views
Post# 30063448

Revenue growth

Revenue growthHasn’t been super fast, but I think it will start to tick up.  Last two years have been about moving to SaaS and reducing 3rd party sales.  As they add new modules, revs will follow.  Also, hardware beginning to tick up.  Even with no blockbuster DoD deals, I could see 10% rev growth going forward.  So, 2020 could approach $18 million.  Apply a modest 2.5x to that: $45 million or US $1.10.  Of course, once we get to C $1.50, share count will be 60 million.  
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