Just imagine the numbers this guy will come up with when Coviu goes live. Remember Coviu have over 12,000 registered medical providers in certain fields on their platform via health direct. If you assume just 2,000 of them would be GP's at 25% respiratory related ( instead of 50%) based off a more conservative approach off his calculations you get around $38 per GP per day x 2,000 = $76,000 per day x 7 = $532,000 per week or $27,664,000. Now let's divide that figure by 2 to be even more conservative and divide his 6 million by 2 as well to be more on the conservatives side. This gives us a grand total of 16.8 million x a PE ratio for high potential growth stocks = a recipe for a huge re-rate!! Just from two Australian telehealth companies. This is without sleep Apnea screening test! And this is also without any further sign-ups.. The market is waiting for the figures to prove this growth trajectory. The October quarterly is going to show us where this bad boy is going IMO!
These figures are obviously hypothetically speaking but if you do the maths this is what you get...
IMO it makes sense for Coviu to go live from July 1 also as this is a new financial reporting season...
Cheers
Red bar
RAP media thread., page-940
Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #