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Bullboard - Stock Discussion Forum 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,... see more

TSXV:MDX - Post Discussion

Medx Health Corp > Chris Thompson Research calls for revenue breakout in 2021
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Post by Insightful1 on Dec 16, 2020 7:07am

Chris Thompson Research calls for revenue breakout in 2021

Given the latest news MedX looks like 2021 wil be the revenue breakout year. I am sure investors will be watching for more revenue producing announcements.

I noticed the latest press release was distincly different as it was released after theinstalls had begun and there was real data supplied as to the amount of scans taking place and the expansion plans. So this news is much stronger in terms of revenue generation.

Here is a quote from the founder of IVPG in the Netherlands;

“This improved access to healthcare specialists has directly resulted in higher quality care and the ability for patients to play a greater role in their healthcare management. We opened two locations in November and experienced substantial interest in the skin screening service, completing over 800 assessments on nearly 500 patients so far, and the DermSecure platform worked flawlessly. We will add another three locations, Rotterdam, Utrecht and Den Haag, to our IVPG network in 2020. IVPG further plans to bring the total number of scanning centers to 41 by 2022.”

Here is Chris Thompson's report;

https://investorintel.com/markets/biotech-healthcare/biotech-intel/telehealth-provider-medx-set-for-2021-revenue-breakout/
Comment by Bully88 on Dec 16, 2020 8:01am
I have been waiting for what seems like forever for this company to make it into the market and the time has officially come. I am beyond excited for this cpmpanys future growth. this quote from Chris Thompsons report is the clearest sign that things have turned around and going to be successfull For every 500 units deployed by MedX, the Company books $1 million in hardware sales and forecasts  ...more  
Comment by hopefull on Dec 16, 2020 8:43am
Forgive me for saying this but we have been here before. And clearly the market has responded accordingly. Mdx has cried wolf way too many times. The only thing the market wants to see if Mdx IS. Making money. question...... if   1 unit can produce about 62K per year in SaaS revenue does it stand to reason the Brazil order will produce 31 million a year once all is installed if so why have we ...more  
Comment by NoOnesAGuru on Dec 16, 2020 8:53am
I'm with you on this. I've been riding this roller coaster of emotions for years. I think they have a great product, but show me the money, so this stock can stir up some real excitement. 
Comment by Bully88 on Dec 16, 2020 10:13am
I definitely agree that MDX is at a point with investors of "show me the money". I believe that at this point, the showing of the money is right around this corner, and we have all seen the lows and this company from this point will contiune to show increased revenue Q/Q and will become very profitable in 2021. I am on the same boat as many here that have been waiting for years and it ...more  
Comment by Infidel_ on Dec 16, 2020 5:19pm
A paid article on Investor Intel, which is an IR outfit, isn't going to cut it. What did THAT cost or was it just part of the IR/Marketing package with Agoracom or is it separate? Should have spent that money on maybe doing some webcast presentations or something.  https://www.globenewswire.com/news-release/2017/04/18/976335/0/en/Search-Minerals-Contracts-InvestorIntel-for-Investor ...more  
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