things that make you go hmmmm. This comes from Auscap. In 40 years of investing, I haven't seen anything like this. Given PME's outsized current profitability (50% NPAT margins) i.e., it's not underearning, shareholders should sing a hymn for this one; it's one of a kind, or buy a lottery ticket. The outcome that I don't understand is that whenever PME announces a contract, the SP goes up! The valuation already includes absolute world domination; they win everything. Of course, my TAM may be wrong, but it comes from the company. good luck to you all. Extraordinary.

Wonderful. That seems to be another "full stack" win plus the Cardiology Specific Tools for cardiac catheterization and echocardiography (Ejection Fraction Tool, Doppler Curve Tool, and Doppler Velocity Tool). 

https://visageimaging.com/platform/cardiology-imaging/

The Cardiology Imaging seems to be a great example of a new "application" running on the Visage 7 "operating system". There must be lots of other examples for all the different specialities. It's a good example of how Pro Medicus can capture the real value of the imaging process and demote the imaging device to just commodity hardware. It's hard to see where this will stop given the advancements in medicine, imaging and AI. It seems to me that Pro Medicus could benefit from all these levers.

As I have said before, the main risk in my mind in key man Sam Hupert who does multiple roles and could be irreplaceable. Let hope his scans are all comming up green :-)