Agreed. 1ST has now taken the mantle as the number 1 healthcare booking site in Australia, when ranked by number of sites. Focusing outside of the GP space has been a tremendous move.
I think the single biggest similarity between 1ST and the US ZocDoc is TRUST.
Unlike 1ST's competitors (e.g. Health-engine), privacy, trust and reputation has always formed the core of the 1ST group offer.
We are set for an exciting few months ahead, given recent partnerships with Medibank Private, Bennestar Group and St Vincent's health.
I'm expecting to see FY20 revenue up more than 80-100% YoY from FY19 revenue, given the rising ARPS and escalating number of sites.
The inflection point in 1ST group's growth story is about to begin... if ZocDoc could achieve a $2.5b USD valuation, 1ST can achieve a $250m AUD valuation, compared to just a $18m market cap as of today...
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