How ProMedicus turned a $US3.5m deal into $5.5b in value

Aug 28, 2022 · Abrdn first bought into Pro Medicus in 2019 when the business was priced around $20, before increasing its position in 2020 when it fell to around $16 in the COVID-19 market …

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How ProMedicus Turned A $US3.5m Deal Into $5.5b In Value

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Aug 28, 2022 · Abrdn first bought into Pro Medicus in 2019 when the business was priced around $20, before increasing its position in 2020 when it fell to around $16 in the COVID-19 market …

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How ProMedicus Turned A $US3.5m Deal Into $5.5b In Value

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Aug 28, 2022 · When you think about return on investment, it doesn’t get much better than Pro Medicus’ 2009 acquisition of imaging technology company Visage.

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Pro Medicus’ Billionaire Boss Says Simplicity Secret Of Success

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Sep 24, 2024 · Pro Medicus’ extraordinary growth over the past decade means Hupert’s stake is now worth $4.5 billion with its value ... the company is pouring money into R &D to try ... Pro …

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How Sam Hupert Turned Pro Medicus Into An Understated Giant

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Dec 14, 2023 · Asked to reflect on a year in which Pro Medicus has signed a string of big contracts with US healthcare groups, including a 10-year, $140 million record-setter with a …

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Pro Medicus Achieves Impressive Growth, Sealing Major Contracts

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Aug 21, 2024 · Pro Medicus reported a full-year net profit of $82.8 million for the year ending June 2024, up 36.5% from the previous year. ... they signed a $140 million, 10-year deal with …

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Pro Medicus Shares Soar On $330m Deal With US' Trinity Health

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Nov 28, 2024 · The numbers: Pro Medicus shares were up 9.6% to $250.17 by 1:50pm AEDT. Over the last 12 months they have surged 186.2%. Over the last 12 months they have surged …

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Pro Medicus Founders Cash Out $176 Million. But Here's Why …

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Nov 21, 2023 · Pro Medicus founders Anthony Hall and Sam Hupert sold a combined 2 million shares ($176 million) on-market on Tuesday.The company's shares remain unphased despite …

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Pro Medicus Billionaires In $500m Sell-down - Financial Review

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Dec 3, 2024 · E &P’s equity capital markets team was looking for buyers for a $513 million block of Pro Medicus shares after the market close on Tuesday. ... in a deal worth $330 million.

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Pro Medicus Signs $15m Deal With Duke University

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Dec 29, 2024 · The news: Health imaging company Pro Medicus has signed a new $15 million deal with Duke University Health System, as part of its continued expansion into North …

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Pro Medicus Signs Landmark $330M Deal To Roll Out Imaging …

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Nov 28, 2024 · Pro Medicus Ltd (ASX:PME) has signed a $330 million contract with one of the United States&CloseCurlyQuote; largest not-for-profit health care systems for delivery of an …

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Pro Medicus Signs $30 Million Deal With US Medical Group

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Dec 23, 2024 · The news: Health imaging company Pro Medicus has struck a new deal with large US medical group Duly Health to roll out its Visage products throughout the American …

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FAQs about How ProMedicus turned a $US3.5m deal into $5.5b in value Coupon?

Does pro Medicus (PME) exceed expectations consistently?

It's another for that company to exceed expectations consistently. But Pro Medicus (ASX: PME) is a company that continues to do just that. In the five years between 2018 and 2023, Pro Medicus' earnings per share (EPS) nearly quintupled from 12.4 cents per share to 58.1 cents per share. ...

How much is pro Medicus worth today?

When Pro Medicus acquired Visage in 2009, the business was trading at a market capitalisation of $115.3 million. Today, the company is worth $5.6 billion and closed on Friday at $53.69 per share. That is nearly a 50-fold increase. ...

How did pro Medicus perform in 2018 & 2023?

In the five years between 2018 and 2023, Pro Medicus' earnings per share (EPS) nearly quintupled from 12.4 cents per share to 58.1 cents per share. Revenues are up 347% in that same time and the company's net profit margin was, at its last report in August, inches away from the cherished 50% mark. ...

Who owns Pro Medicus?

Hupert cofounded Pro Medicus with his friend, Anthony Hall, in 1983. They own 25 per cent of the company each. Pro Medicus’ extraordinary growth over the past decade means Hupert’s stake is now worth $4.5 billion with its value growing daily. ...

Does pro Medicus have a good return on investment?

When you think about return on investment, it doesn’t get much better than Pro Medicus’ acquisition of imaging technology company Visage for $US3.5 million. It was January 2009 when Pro Medicus co-founder Sam Hupert paid a visit to Bell Potter senior analyst John Hester, who was working at the now defunct Linwar Securities. ...

What happened to pro Medicus?

But the business was transformed by the 2009 acquisition of a US radiology software firm called Visage for $US3.5 million, after Hupert met the vendor at a conference cocktail party. At the time, Pro Medicus was worth just $115.3 million. ...