Post by
Davmas on Jul 05, 2022 12:03pm
Undervalued?
Simply wallstreet says this is 98.3% undervalued, I say it is 150% undervalued but thats based on me believing that DM's will survive the recession and will become profitable in a year or 2.
Comment by
Resilience19 on Jul 05, 2022 1:06pm
DM is already profitable. With zero debt it currently has roughly $20M in the bank and keeps generating positive cash flows.
Comment by
AmericanAkita on Jul 05, 2022 1:12pm
funny last I saw it was 15.7 million that was reported in print. So what are they using for the buy back. Peanuts? So that number will be declining as they keep buying back shares no?
Comment by
dirtydzn on Jul 05, 2022 1:15pm
Accounts receivable was quite large and that will trickle in as the terms of payment come up.
Comment by
scottrose on Jul 05, 2022 1:19pm
I also believe DM revenue are solid especially the telehealth and EV solutions
Comment by
Hellodarkness on Jul 05, 2022 1:31pm
The app was downloaded 17 times lol calm down Jesus christ their making millions already with the app expecting news releases next week 500,000downloads with revenue of 15 million lol they didn't even launch iso yet their so disorganized
Comment by
swyint123888 on Jul 05, 2022 1:37pm
Solid revs, you mean you think they will turn out to be solid revs right, Ev hasn't even started and Medi is 1 week old, what are your thoughts for combined revs for the rest of 2022....I'm going with 350,000 - 500,000 in total
Comment by
Shlinker_ on Jul 05, 2022 1:40pm
And it'll have cost millions to run both, but yeah, we all know what we are talking about, so keep feeding the slot machine.
Comment by
scottrose on Jul 05, 2022 4:19pm
Am also hoping we can see over 350,000 as the the app goes to new territories.
Comment by
Resilience19 on Jul 05, 2022 2:05pm
The majority of revenue sources, at this time, are generated by COVID test kit sales and Nexalogy SMART. Medicall and DMEVS will likely require another year, minimum, before starting to generate meaningful revs.