CDX cardiex limited
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Ahhh yep, I messed that up, rookie error by me there...3000...

  1. Salubrious
    6,815 Posts.
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    08/05/24
    10:31
    Post #: 73720263
    Ahhh yep, I messed that up, rookie error by me there...

    3000 units x $50 per unit x 12 months = $1.8mil ARR

    10000 units would be $6mil ARR

    $60mil MC on the revenue multiple of 10x would still be nice from here. Once the market sentiment shifts are there's confidence on sales growth a 10x multiple would also be conservative IMO, big market to grow into.

    I guess my point is this is beaten down for various reasons, after many years of development the Pulse is getting pretty close to hitting the market and has the potential to be a company maker. Fingers crossed.
    CDX Price at posting: 5.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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