Cloud DX (TSX.V: CDX)

Cloud DX is pleased to report results for the 12 months ending December 31, 2023. Highlights include 55.4% increase in total revenue, 69% increase in subscription revenue, 112.8% increase in gross profit, and 20.4% reduction in operating loss compared to FY2022. Press Release: https://lnkd.in/gYhS9uqi Earnings Call Recording: https://lnkd.in/gMPkn5eM

Today Cloud DX is pleased to announce contract renewals with two Ontario Community Paramedic Services! In Ontario, Community Paramedic Services offer Cloud DX Connected Health™ #RemotePatientMonitoring products and services to monitor seniors where they live, extending the time they can stay at home in comfort and reducing pressure on nursing home waiting lists. "Contract renewals are a key metric for Cloud DX, and we are very pleased to be able to continue serving these very satisfied clients. Cloud DX has the distinction of announcing agreements with Community Paramedic Services in 10 Ontario counties and to date, at each opportunity our Master Service Agreements have been renewed and extended." - Robert Kaul, Founder & CEO, Cloud DX So far in 2024, Cloud DX has announced 24 new contracts and/or contract renewals, valued at $5.1 million CAD. Watch CEO Robert Kaul explain what this means to investors: https://lnkd.in/gpPppKUN Read more here: https://lnkd.in/gwtn4nex

Cloud DX Will Report Fiscal Year 2023 Results on Monday, April 29, 2024 after market open. At 2:00 pm EDT that same day, CEO Robert Kaul will host an Earnings Call to discuss financial results to December 31, 2023 as well as recent events of interest to investors. "Cloud DX is looking forward to announcing and discussing our 2023 financials and further progress towards our strategic goals in 2024. We will also address the status of recent financing activities, acceleration of sales in 2024 and continued evidence of patient and provider satisfaction" mentioned Mr. Kaul. Register here: https://lnkd.in/gsJgjzBn

We're thrilled to announce new contracts with two Ontario Community Paramedic Services! Our Connected Health #RemotePatientMonitoring products and services allow Community Paramedics to monitor seniors where they live, extending the time they can stay at home and reducing pressure on nursing home waiting lists. Read more here: https://lnkd.in/gTRpyuWe These contracts cap a record first quarter at Cloud DX, where we have announced 10 new contracts and 14 contract renewals, valued at $4.75M CAD so far in 2024. To help facilitate our accelerated growth, we recently announced a new equity financing. Please see here for more details: https://lnkd.in/gHU4huQc

Patient satisfaction and customer confidence are integral parts of our mission to make healthcare better for everyone - and a strong indicator of our continued growth in the #RemotePatientMonitoring and #HeathTech space. In Q1 2024, we have had 14 contracts up for renewal. We are excited to announce that we have renewed 11 contracts for Connected Health™ products and services, and we hope to renew the remaining 3 by March 31st. From January 1, 2024, we have announced new contracts or renewals valued at $4.6M, along with new Master Deployment Agreements with VHA Home HealthCare, the Ottawa Hospital Research Institute and a Master Partnership Agreement with Sanrai Group International that includes distribution opportunities with Sanrai dealers in 65 countries around the world. Read more: https://lnkd.in/gkxYEzbm Watch CEO Robert Kaul explain what this means for investors: https://lnkd.in/gcd-kH-q

We're pleased to announce that a group of our investors have agreed to convert approximately $4.2 million in total debt to shares, ahead of maturity dates. The shares will convert at a premium to the current market price, and will be added to a voluntary pool which investors agree not to sell for 24 months unless share price exceeds $0.50/share for 10 consecutive days. Demonstrating their strong support for Cloud DX, participating debenture holders include 3 Board Directors, and 14 arms-length investors. So far in 2024, Cloud DX has announced $2.8 million in new business, as well as large agreements with Sanrai Group, VHA Home HealthCare, and Ottawa Hospital Research Institute. We're growing fast - and this announcement solidifies the trust and long-term vision held by our investors. Read more details here: https://lnkd.in/gvxcjpst Watch CEO Robert Kaul discuss what this means for investors: https://lnkd.in/gmNapGvc

We're pleased to announce a new Master Deployment Agreement with the Ottawa Hospital Research Institute (OHRI)! OHRI houses approximately 2,200 scientists, clinician investigators, students, research fellows, and support staff. Its researchers are studying more than a hundred different diseases, conditions and specialties with an overall focus on translating discoveries and knowledge into better health. Researchers at the Institute intend to use Cloud DX Connected Health products and services to enable #RemotePatientMonitoring, communication via video and text, schedule and compliance management, and improved clinical study efficiencies, allowing the researchers to conduct higher quality clinical studies. Cloud DX technology will make it possible to recruit subjects for trials more efficiently, and to gather more information from each subject. Each order for Cloud DX technology will be covered by a separate Statement of Work (SOW), with plans in place for projects involving over 1,000 patients. Read more: https://lnkd.in/gKEVQfsf

We've signed a 3-year partnership agreement with Sanrai International (Sanrai Group), under which Sanrai will distribute and re-sell our Connected Health products and services. Sanrai sells market-leading technologies in multiple verticals with a focus on respiratory and sleep therapies. Their extensive dealer network includes partners in 65 countries. "Sanrai International is excited to launch this new partnership with Cloud DX, the Canadian leader in remote automated monitoring and virtual care. After extensive due diligence Sanrai has chosen Cloud DX as a global partner due to their leadership in innovative new technology, including the impressive Vitaliti™ continuous vital sign monitor and their AcuScreen™ CA Cough Analysis platform, currently in field trials as a screening tool for active tuberculosis, which is a growing problem in the countries we serve." - Amarpreet Rai, Managing Director, Sanrai This is a key milestone for us at Cloud DX as we pursue our mission to make healthcare better for everybody.

Big news today for our award-winning Vitaliti™ Continuous Vital Sign Monitors! We've received a purchase order for up to 300 systems and related software, valued at approximately $770,000 CAD. These patented and patent-pending Vitaliti units are expected to be deployed in multi-site studies of post-operative patients, with the first conducted under a Health Canada Investigational Testing Authority (ITA) in advance of full Health Canada license and FDA clearance. Patients will be followed at home after surgery, and Vitaliti data will be used to train generative #ArtificialIntelligence algorithms that are expected to predict and avoid adverse healthcare outcomes. Vitaliti is the winner of the Edison Awards, Fast Company ‘World Changing Idea' award and the Qualcomm Tricorder XPRIZE Bold Epic Innovator Award, among other accolades. With this new purchase order, Cloud DX has announced over $2.5 million CAD in new business since January 1, 2024. We're beyond excited as this is a significant milestone in our mission to make healthcare better for everyone.

We're excited to announce a new contract to support VHA Home HealthCare in the care they provide to clients so they can safely stay at home. Cloud DX Connected Health remote care monitoring (RCM) can support chronic disease management, post-surgical monitoring, and virtual rehabilitation therapy for home care clients. VHA Home HealthCare is one of the largest not-for-profit providers of home care nursing, rehab and personal support services in Ontario, serving over 100,000 clients and families each year. "Implementing a remote care monitoring platform is an important example of how VHA uses innovative technology to empower our clients and help keep them safe and healthy at home. We are excited to be embarking on this collaborative partnership with Cloud DX, a Canadian leader in patient-facing digital solutions." - Alistair Forsyth, VHA Vice President, Digital Health and Chief Information Officer Read more here: https://lnkd.in/gewR22Pb