Q: Wondering what your current thoughts would be on this early stage company. It looks like they have some interesting clients.
Thank you!
Thank you!
5i Research Answer:
AIDR is quite small at $68M market cap, after a 21% gain in the past year. It provides healthcare software solutions. Essentially, an AI doctor. But, currently it has minimal revenue ($1M), losses and negative cash flow. Fundamental Research did start coverage on the company. It does have some partnerships with insurance companies, with large numbers of members, so there is some potential here. But we need to see some sales in order to gauge what future profitability might be. There is competition in the space, certainly, as well. Insiders own 4.5%. While interesting, we would consider it too early here.