Covid Out of the PictureThere was a significant revenue decline due to decline of Covid-19 testing us expected with covid admittedly now behind us. That alone robbed Datametrex $19M which is a hard hit but give the company an opportunity to reset, innovate and change strategy.
Since the management saw this coming,they made a strstegic decision to reinvest the profit made in acquisition of Imagine Health.
I sincerely hope that vertical won't suffer any impairment losses, unlike the extremely disappointing EV Connect acquisition.
As DM attempts to expand after Covid, there are some intriguing developments to watch for.
JMHO