Sitting on a 80 M$ market cap, whats is next? with over 10 M$ in sales in the pipeline (consevative estimate based on a 3 M$ revenue Q1 AND without the revenues through the recent acquisitions).
Someone mentionned the valuation with regarda to sale and that made me realize how CloudMD is undervalued right now.
Market right now is evaluating Telehealth companies at around 12X20 times the revenues (because of the potential growth of this sector). Look at Livongo, Teladoc, WELL.
Teladoc = 18,5 B$ for approx 900 M$ revenues
Livongo = 12,5 B$ for approx 250 M$ revenues (crazy)
WELL = 550 M$ for approx 40 M$ revenues
DOC? It's ratio stands at a LOW 8 TIMES the revenues.....based on a conservative estimate of reveues and not taking into account the growth.
I believe there will be a move in the SP to adjust the current market cap at around 1$ in the short term, for a 10 X revenus valuation (bear minimum), and eventually higher levels, on the grounds that CloudMD will acquire market share in the Telehealth sector.
David