STTCOMP TTB, FA Long $40m market cap, $11m cash, roughly $5m...

STTCOMP TTB, FA Long

$40m market cap, $11m cash, roughly $5m current revenue

the launch of the US mental health index as outlined by this press release here is a fascinating inflection point

https://www.hrpolicy.org/downloads/2020/PR_Aug_20_Mental_Health_Index.pdf

you will note the other organisations supporting this initiative within the US are of immense scale.

- the National Alliance of healthcare purchasers covers 45m people who spend $300bn on healthcare annually
- the HR Policy association covers 20m people
- One mind at work covers 6m people

the scale and impact of this multi organisation initiative has yet to be fully understood by the market.

a new Chief Revenue Officer was appointed on 6th August who is very experienced in the US space to exploit this opportunity. Melissa Freswick was previously Chief Revenue Officer at Malvern a digital health company that earned top spot in Fast Company 2020 most innovative healthcare company, previously of Virgin group.

additionally the IBM veterans affairs Get Results In Transition (GRIT) pilot which ran successfully whilst a little delayed from COVID is still expected based on mgt recent investor calls this year to transition into a full rollout and formalised agreement. This platform opportunity is set out in their Oct 19 investor presentation as being a $200m revenue opportunity or $9m revenue at just 5% penetration.

DYOR