Cloud DX Inc (FRA:699)

€ 0.0755 0 (0%) Market Cap: 7.82 Mil Enterprise Value: 18.68 Mil PE Ratio: 0 PB Ratio: 0 GF Score: 31/100

Q3 2022 Cloud DX Inc Earnings Call Transcript

Nov 16, 2022 / 05:00PM GMT

Release Date Price: €0.101

Transcript

Robert Kaul

Cloud DX Inc. - CEO, President & Chair of the Board

Good afternoon, everyone, and welcome. We're very pleased to have you here at our third-quarter 2022 earnings call presentation. And so we're going to get started now. Andrew, can we advance the slide?

Please, everyone make note that we will be discussing some forward-looking statements during our presentation today. This is the forward-looking statement disclaimer that's currently in both this and our most recent investor presentation, which you can find on the IR section of our website. Go ahead, Andrew. Next slide. There we go.

So we're very pleased to announce some very positive results for the third quarter of 2022, starting with revenue, which has increased nearly 300%. And that increase in revenue is made up of substantial increases across the board. Subscription revenues increased by 77%. Product revenue, which is the sale of our Connected Health kits and related hardware, increased by 380%, and services revenue increased by over 1,000%.dr

Services revenue, to remind everybody, is revenue made up of

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