These 5 reasons why PME is a good quality business may be useful, from the A Rich Life Pro Medicus Results Coverage

1. Aligned founder-led management who run the business like the true long term owners they are.
2. Benefits from powerful long-term tailwinds including:

• ageing population
• worsening health due to covid and obesity
• inflation in healthcare costs in America
• shift to cloud storage (healthcare companies are generally late movers)
• rise of artificial intelligence

1. Ridiculously high EBIT margins, likely to be sustainable over 60%, but almost definitely sustainable over 50%
2. Global growth runway
3. Potential to become a platform business if it can sell AI algorithms developed by independent third parties on its platform

I don't suppose anyone really thinks its cheap right now but here's Claude Walker's Pro Medicus Results write up. Includes some commentary around the conference call if you missed it.

Some TLDR:

Record profit & revenue

Pipeline “continues to grow strongly” and “we’ve had new opportunities come into the pipeline and opportunities progress”.

New US product Visage Worklist now has 4 clients.

Hoping to sell Visage into non-radiology departments, and we may see revenue from this as soon as FY2023

optimisitical price,

a company nice,

software that helps,

doctors and whelps,

I own it I do,

ups and downs through.