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Medx Health Corp V.MDX

Alternate Symbol(s):  MDXHF

MedX Health Corp. is a medical device and software company. It develops and manufactures skin-related screening tools and phototherapy devices for pain relief and tissue repair. It focuses on skin health with its SIAscopy on DermSecure telemedicine platform, utilizing its SIAscopy technology. SIAscopy is a medical device technology that is used to scan skin for suspicious moles and lesions and, including DermSecure, its telemedicine software application, and phototherapeutic medical devices, which use light energy in lower-level laser and light-emitting diode to provide treatment of pain and tissue damage in the rehabilitation market. Its products SIAMETRICS, SIMSYS, and MoleMate include hand-held devices that use patented technology utilizing light and its remittance to view up to two millimeters beneath suspicious moles and lesions in a pain free, non-invasive manner. Its SIAscopy on DermSecure telemedicine platform enables the Web-based operation of its SIAscopy scanning technology.


TSXV:MDX - Post by User

Comment by RetireAt45on Jan 19, 2022 11:38am
137 Views
Post# 34332919

RE:RE:RE:RE:RE:RE:RE:RE:MedX opens additional revenue producing locations in Ontario

RE:RE:RE:RE:RE:RE:RE:RE:MedX opens additional revenue producing locations in Ontariohey there Hopeful.....as much as it pains me to say this.....Insightful1 is correct at this time that there is some mention of the ridiculously small amount of revenue generated by MedX in the Sept 30 2021 financials on page 20 of 22.

                                   Three Months Ended                                         Nine Months Ended
                                         September 30                                                       September 30
                                                           2021                                                              2021                        
SIAscopy                                       $ 34,133                                                       $ 96,811               
Phototherapeutic
lasers                                                60,013                                                        253,524                    
 Totals                                              $94,146                                                      $350,335                  

Sales for the nine-months ended September 30, 2021 and the year ended December 31, 2020 were made to customers in the following geographic regions: Canada 36%, United States 38%, Europe 22%, Rest of World 4% (Year ended December 31, 2020 - Canada 40%, United States 26%, Europe 15%, Rest of World 19%). Approximately 58% of the Company's revenue for the nine-months ended September 30, 2021, was from four customers (Year ended December 31, 2020 - 27% from two customers).



Now it doesn't break it down into any more granularity than that....but hey....how much can you break down the MASSIVE sum of $34K anyways.....LOL

45

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