Actually, I was doing some research on digital health in the US and Canada a while back since MYQ was listing in NASDAQ. The valuations for digital health are through the roof.
TSX: DOC last traded at $3.07 CAD and a market cap of 500m CAD but only a revenue of $8m. Running at a loss of $4 million a year with a 21 million debt.
NYS:AMWL, last traded $35.48 USD, market cap of 8.3 billion, running at a loss of $83 million a year and has more than a billion dollars in debt.
NAS:HCAT, last traded $52.84 USD, market cap of 2.25 billion, running at a loss of $23 million a year, with an 82 million debt.
MYQ's valuation on NASDAQ is going to FLY through the roof. Especially when we're cash positive with Nexus ...
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