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Bullboard - Stock Discussion Forum Profound Medical Corp T.PRN

Alternate Symbol(s):  PROF

Profound Medical Corp. is a Canada-based commercial-stage medical device company that develops and markets customizable, incision-free therapies for the ablation of diseased tissue. It is commercializing TULSA-PRO, a technology that combines real-time magnetic resonance imaging (MRI), robotically driven transurethral ultrasound and closed-loop temperature feedback control. The TULSA procedure... see more

TSX:PRN - Post Discussion

Profound Medical Corp > Quarterly Conference Call
View:
Post by MrMugsy on Mar 03, 2022 8:07pm

Quarterly Conference Call

Sounded promising but reoccurring revenue was only at $1M.
Would like to think the worst is over but it's going to take time.

Question is ... did we bottom out and are we heading the other direction now ?

I think they said they had 40 signed agreements.
Akumin is stalled but it has good future potential with their hospital base.
Paragon is new and coming on with its first location.
Pay per operation is now up to $8000.
Positive about getting a fair share of the overall market future market.
Various studies could be the catalyst for growth.

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Something like that. 
Lots to take in if you haven't listened to it yet. 


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Comment by anjz661 on Mar 06, 2022 7:54am
I don't see how or why the re occuring revenue would not continue to grow moving forwrds.