"What is the total addressable market?"The following is from the...

"What is the total addressable market?"

The following is from the Gold in Sacks report dated 17 Feb 2021.

"Management quantifies the total addressable opportunity at US$2bn, and whilst PMEhas 40 Visage contracts globally (of which 22 are in the US), we estimate a theoreticaladdressable opportunity in the US exceeding >5k hospitals (albeit likely skewed towards>100 academic facilities in the near term)."

I would add that with the inclusion of AI, and PME's development of other products, the realistic estimate of the addressable market has probably increased since GS wrote the report.

Also, I noted the following in the interview released to the ASX:
"So, whilst we don’t provide forecasts, we have told the market that we anticipate a step-up in transaction volumes in FY22"

And in the webcast, in respect to exam (transaction) revenue, Dr Hupert said the following:
"We are telling the market that we expect this growth to be a step change or a step growth in FY22..."

These guys generally don't say much about future performance, rather, they just quietly deliver.
So a mention of a step change in exam revenue for FY22 gets my attention.

Cheers