Given how favourable the exchange rate was for a chunk of the year I'm surprised that revenue was not higher. Competition is coming in this space, I just don't see PME being able to fight them off forever. Also didn't Sam say last year that AI would start contributing to revenue in January of this year yet by June they have no AI revenue? AI is a very different space to where Pro Medicus currently plays and it's much harder to commercialise and make profitable. They will need to tread very carefully, because if there costs start increasing some of what is attractive about them starts to fade...
Given how favourable the exchange rate was for a chunk of the...
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Last
$135.86 |
Change
-1.800(1.31%) |
Mkt cap ! $14.12B | |||
| Open | High | Low | Value | Volume |
| $136.40 | $136.40 | $134.44 | $10.38M | 76.58K |
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| No. | Vol. | Price($) |
|---|---|---|
| 7 | 91 | $135.79 |
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| Price($) | Vol. | No. |
|---|---|---|
| $135.87 | 61 | 8 |
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| PME (ASX) Chart |