DOC acquired another DOC CloudMD acquire another company that operates growth through acquisition just like DOC.
As an investor of DOC, would you accept being bought for 100 M$ based on your CURRENT revenues and your margins (net loss for DOC)?
Probably not, because there is the future to take into account. The 1,2 M$ is based on actual signed contracts.
Look at the size of the reach of iMD Health, do you think they will stay at 1,2M$ in revenues with their platform having access to 7,5 million patients...through 10 000 health care professionals.
Point stands, see it the other way around. Don't talk to fast and do act to fast.
Another solid acquisition.
David