CompuMed(OTC) CMPD

CompuMed, Inc. is a provider of advanced telemedicine solutions, focusing on telecardiology and teleradiology services. The company connects healthcare institutions with U.S. Board-Certified specialists through cloud-based platforms, enhancing clinical care for patients globally.

Products and Services

• Telecardiology services including ECG, echocardiograms, and vascular studies
• Teleradiology services offering expert image analysis and reporting
• OsteoGram software for osteoporosis management and mobile ECG solutions

Growth Outlook

• Recent quarterly revenue increased to $2.16 million, reflecting a positive trend
• Gross profit margin improved to 49.5% in the latest quarter
• Strong cash flow from operations of $422,866 indicates operational efficiency

Financial Highlights

• Market capitalization stands at approximately $8.71 million
• Trailing twelve-month revenue of $8.4 million shows consistent performance
• Current ratio of 2.23 suggests strong liquidity position

CompuMed, Inc. operates in the healthcare information services sector, providing essential telemedicine solutions that cater to a diverse clientele, including rural healthcare providers and correctional facilities. The company's focus on telecardiology and teleradiology positions it well within the growing telehealth market, which has seen increased demand due to advancements in technology and changing healthcare needs. The recent financial performance indicates a positive trajectory, with a notable increase in quarterly revenue and an improved gross profit margin. The strong cash flow from operations further underscores the company's ability to manage its resources effectively. With a solid liquidity position, CompuMed is well-equipped to navigate the evolving healthcare landscape and capitalize on future growth opportunities.