Ann: Update - Notification of buy-back - PME, page-53

An interesting rally. I see two factors as underpinning the value of Pro Medicus. Firstly, the near unique abilities of Pro Medicus to rapidly make available images to radiologists. This should see an ongoing significant increase in revenue as many other Health Organisations adopt this technology. Secondly, the stratospheric valuations are partly linked to the AI potential this technology offers. Undoubtedly in the short to medium term most radiology images will be partly or fully reported by AI technology. Pro Medicus offers technology that could be a key bridge to making this successful.
The potential value of this is enormous. For example, there are 50,000 radiologists in the US. If AI imaging interpreting software saved $100,000/ radiologist/ year this AI technology would generate cost savings of $5 billion per year in the US alone.

The last year is a time when the value of many AI and technology companies has resumed. Pro Medicus is one of these. s StuTM posts the current PE of Pro Medicus is on par with Pinterest. However, it is still well below the Trade Desk and Monday.com. It is really hard to estimate the medium- term value of such a company. However, one could argue that the potential value of Pro Medicus could be a lot more than what it is currently.