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VentriPoint Diagnostics Ltd V.VPT

Alternate Symbol(s):  VPTDF

Ventripoint Diagnostics Ltd. is a Canada-based medical device company. It is engaged in the development and commercialization of diagnostic tools to monitor patients with heart disease. It develops a suite of applications for all heart diseases and imaging modalities, including congenital heart disease, pregnancy, pulmonary hypertension, COVID-19, technically difficult imaging and cardiotoxicity in oncology patients. It provides application of artificial intelligence to echocardiography. Its flagship product, Ventripoint Medical System (VMS+), enhances echocardiography to deliver cMRI levels of accuracy for volumetric measurements and ejection fractions for all four chambers of the heart. It has developed a solution that transforms cardiac care through its 3D ECHO and MRI software. VMS products are powered by its proprietary Knowledge Based Reconstruction technology, which is the result of a decade of development and provides accurate volumetric cardiac measurements equivalent to MRI.


TSXV:VPT - Post by User

Comment by Pandoraon Oct 28, 2022 4:32pm
90 Views
Post# 35056856

RE:Pandora

RE:Pandora
theNorm wrote:
if you were a long term investor I don't believe you would ask such a question. You would know the answer or know how to find the answer. INSTEAD YOU IMPLY THAT VPT has never made a sale and has given 29 units away for a tax write off. Typical Stockhouse basher activity IMO


Normie, nice to see youjumping on the jo bandwagon. I did not imply anything -- my 'question' was:  "Not sure how to interpret that but does it suggest the first 29 "units in operation" were all donated for trial purposes and actual "sales" started after that point?"  --  and that was because of the news release saying sales would start in the 4th quarter of 2022.

For the record ie. from Sedar:

Total revenue for year ending Dec. 31, 2018  = $60,177
Total revenue for year ending Dec. 31, 2019  = $81,023
Total revenue for year ending Dec. 31, 2020  = $36,017

Total revenue for year ending Dec. 31, 2021  = $Nil
Total revenue for 3 months ending Mar. 31,2022  = $24,600
Total revenue for 3 months ending June 30, 2022 = $Nil

So for 4.5 years they have brought in $201,817 in revenue.

Now if you can verify for me that $202K equates to sales of 29 VMS machines then I will accept
that they were not mostly donated. What are your numbers?

Please note that the VMS 3+ was not available until 2021 as far as I could see, so total sales of that unit appear to be $24,600.

Massage the info any way you want but it still looks to me like we are still waiting for numbers that would suggest a good sales program happening. Maybe 3rd quarter numbers will provide that but the update referred to 4Q2022 for significant sales.

Maybe a little grumbling on my part after 7 years of wishing and hoping but certainly not bashing.
A year ago the GEHC association sounded very promising but a year later we are still waiting for
solid evidence of it actually happening.

Where did you come from with your attitude - haven't seen it since Algernon, but some things never change. You do seem to float around and jump on bandwagons. Are you a shareholder by the way?
Or you just like to get in a squabble? In the meantime have an enjoyable weekend until we can see
what develops next week with the NHS report.



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