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Cloud DX (TSX.V: CDX) Stock Quote

Last Trade: C$0.13
Volume: 6,000
5-Day Change: 18.18%
YTD Change: 44.44%
Market Cap: C$12.110M

Latest News From Cloud DX

On May 17, 2024 the British Columbia Provincial Health Services Authority (BC-PHSA) Posted the Contract Award Notice Valued at $9.4 million CAD. News in Summary After a successful competitive RFP process, on April 23, 2024 the Company executed a Province-wide contract for Remote Patient Monitoring (RPM) products and services. The Company announced the execution of the contract on May 7, 2024. The contract has a term of 36... Read More
This agreement is the 4 th Provincial Health Authority contract for Cloud DX remote patient monitoring (RPM) services, alongside Alberta, the Yukon and Prince Edward Island. News in Summary After a successful competitive RFP process, on April 23, 2024 the Company executed a Province-wide contract for Remote Patient Monitoring (RPM) products and services. The contract has a term of 36 months with 2 extensions of 12 months... Read More
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. Key Developments: Total Revenue of $1,811,885 represents an increase of 55.4% compared to FY2022 due to increases in both new contracts signed and growth of existing contracts. Gross profit in FY2023 doubled from $602,896 to $1,282,680 compared to... Read More
Contract renewals reflect high customer satisfaction with Cloud DX Connected Health products and services across North America. News in Summary On April 4, 2024, Cloud DX renewed a 12-month Master Deployment Agreement with an Ontario County Paramedic Service and on April 18, 2024, Cloud DX renewed a 24-month Master Deployment Agreement with the Guelph Wellington - City of Guelph Paramedic Service. In Ontario, Remote Patient... Read More
KITCHENER, ON / ACCESSWIRE / April 22, 2024 / Cloud DX Inc. (TSXV:CDX)(OTCQB:CDXFF) will post its FY2023 financial results after market open on Monday April 29, 2024. At 2:00 pm EDT that same day CEO Robert Kaul will host an online 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... Read More
These contracts cap a record first quarter at Cloud DX, which has announced 10 new contracts and 14 contract renewals, valued at $4.75M CAD so far in 2024. News in Summary On March 26, 2024, Cloud DX signed new 24-month Master Deployment Agreements with both the Beausoleil First Nation Paramedic Service and another Ontario County Paramedic Service. In Ontario, Remote Patient Monitoring (RPM) services are offered in the... Read More
KITCHENER, ON / ACCESSWIRE / April 8, 2024 / Cloud DX Inc. (" Cloud DX " or the " Company ") (TSXV:CDX) (OTC:CDXFF) is pleased to announce a non-brokered private placement (the " Private Placement ") for gross proceeds of up to $2,800,000 through the issuance of up to 23,333,334 units (each, a " Unit ") of the Company at a price of $0.12 per Unit. The Company reserves the right to oversubscribe the Private Placement by up to... Read More
News in Summary High 2024 contract renewal rate demonstrates continued client satisfaction. From January 1, 2024 to March 26, 2024 Cloud DX has renewed 11 contracts for Connected Health products and services, and hopes to renew 3 additional contracts by March 31. Renewing customers included 3 hospitals, 2 primary care clinics, 2 family health teams, 5 community paramedic services, the Canadian Lung Health Foundation and a... Read More
Debenture holders convert early, at a premium to market, and agree to pool and escrow shares. Summary of News: A group of investors has agreed to convert approximately $4.2 million in total debt to shares, ahead of maturity dates. Average conversion price is $0.154/share, a premium to the current market price. 97% of shares converted, totaling 26,411,896 shares are added to a voluntary pool and investors agree not to sell... Read More
The Master Deployment Agreement can cover multiple funded research projects over 5 years, potentially involving over 1,000 patients. News in Summary On February 23, 2024, Cloud DX and the Ottawa Hospital Research Institute signed a 5 year Master Deployment Agreement to facilitate the provision of Cloud DX remote patient monitoring (RPM) technology for projects, studies and clinical trials at the Institute. OHRI purchasing of... Read More
The Company has reported new contracts, renewals or orders valued at approximately $2.8 million CAD so far in 2024, outpacing growth in 2023. News in Summary On February 8, 2024, Cloud DX signed a new 24-month Master Deployment Agreement with Dr Lee S. Freedman, an MDVIP-affiliated internal medicine practice based in Highland Park IL. Dr Freedman intends to enroll approximately 125 patients who will best benefit from Remote... Read More
To distribute Cloud DX products and services through their dealership and partnership network in 65 countries around the World News in Summary On February 9 th , 2024 Cloud DX and Sanrai International (Sanrai) signed a 3-year Master Partnership Agreement, under which Sanrai will distribute and re-sell Cloud DX Connected Health products and services. Sanrai sells market-leading technologies in multiple verticals with a focus... Read More
Mr. Konstantin Othmer, a Technologist and Angel Investor, Joins the Board. News in Summary Cloud DX is pleased to welcome Mr. Konstantin Othmer to the Board. Mr. Othmer has nearly 40-year history as an engineer and technologist, with operating experience at Apple Inc., Core Mobility, and CloudCar, among others. He's also a prolific investor in technology companies, making early investments in market leaders Android, Canva,... Read More
The Company intends to deliver up to 300 Vitaliti™ Continuous Vital Sign Monitor Systems for a Groundbreaking Multi-Site Academic Study of Post-surgical Patients in 2024 News in Summary Cloud DX is expected to deliver production-quality Vitaliti™ Continuous Vital Sign Monitors (CVSM) and related software under a Health Canada Investigational Testing Authority (ITA) approval The Purchase Order includes a 50% deposit, with the... Read More
Kitchener, Ontario--(Newsfile Corp. - January 24, 2024) - Cloud DX Inc. (TSXV: CDX) (OTCQB: CDXFF), The Canadian Leader in Virtual Care and Remote Patient Monitoring, will be participating in The Microcap Conference , which will take place January 30, 31, February 1, 2024 at Caesars Atlantic City Hotel & Casino in Atlantic City, NJ. Robert Kaul, CEO, will be presenting on January 31 & February 1, 2024. Interested parties can... Read More
VHA Home HealthCare (VHA) 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. News in Summary Cloud DX will be supporting VHA in the care and support they provide to clients so they can safely stay at home. Cloud DX Connected Health remote care monitoring (RCM) can support chronic disease management,... Read More
Contracts announced include 2 new agreements with Ontario Family Health Teams and 36-month extension with Oak Valley Health's - Markham Stouffville Hospital. Cloud DX will present at an upcoming webinar, and at 2 Canadian and 2 US-based investor conferences. Hanover Family Health Team and Brockton Area Family Health Team each chose the Cloud DX Connected Health platform for Remote Patient Monitoring of palliative patients.... Read More
Leveraging 10 years of award-winning medical device design & manufacturing experience, Cloud DX will create a new consumer-grade wearable device to improve health and wellness at every level. News in Summary A leading Health-technology company has retained Cloud DX to design a new daily wearable device to track key vital signs related to overall health and wellness. Total contract value for Phase 1 is $115,000 CAD. Cloud DX... Read More
Prince Edward Island will deploy Cloud DX Connected Health™ to Support Three Key Healthcare Priorities: Primary Care, Home Care and Rehabilitation. News in Summary This deployment falls under the Mohawk Medbuy (MMC) Master Agreement announced on June 21, 2023 and is the second contract confirmed through MMC. Cloud DX is now the sole vendor of Remote Patient Monitoring services under 4 Provincial-level agreements, with... Read More
Kitchener, Ontario--(Newsfile Corp. - December 29, 2023) - Cloud DX Inc. (TSXV: CDX) (OTCQB: CDXFF) (" Cloud DX " or the " Company "), is pleased to announce that, further to the Company's news release dated December 7, 2023, it has closed its previously announced non-brokered private placement offering (the " Offering ") of 1,942 convertible debenture units of the Company (the " Debenture Units ") for aggregate gross... Read More
KITCHENER, ON / ACCESSWIRE / December 7, 2023 / Cloud DX Inc. (" Cloud DX " or the " Company ") (TSXV:CDX) (OTCQX:CDXFF), announces that it expects to exchange $3,546,000 of principal amount of 18% secured convertible debentures (the " Initial Debentures ") issued on September 8, 2023 (the " September Financing "), pursuant to a debenture indenture (the " Initial Debenture Indenture ") among the Company and Odyssey Trust... Read More
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Highlights include 32.6% increase in YTD revenue, 52.2% increase in YTD gross profit and 47.5% improvement in Adjusted EBITDA compared to Q3 2022. Key Developments: Total Revenue of $1,421,686 increased 32.6% YTD vs revenue of $1,071,879 in the same period in 2022 due to the performance of contracts signed throughout 2023.... Read More
KITCHENER, ON / ACCESSWIRE / November 21, 2023 / Cloud DX (TSXV:CDX)(OTCQB:CDXFF), will post its Q3-2023 financial results after market open on Monday November 27, 2023. At 12:00 pm EST that same day CEO Robert Kaul will host an online Earnings Call to discuss financial results to September 30, 2023 as well as recent events of interest to investors. "Cloud DX is looking forward to announcing and discussing third quarter 2023... Read More
Community Paramedicine for Long-Term Care (CPLTC) program continues to care for Ontario seniors using Cloud DX Connected Health technology. News in Summary This is Cloud DX's 13th Community Paramedicine contract announced to date. Funding is provided through the Ontario government CPLTC program from the Ministry of Long-Term Care. Cloud DX overall sales are expected to approximately double in 2023. KITCHENER, ON / ACCESSWIRE... Read More
Cloud DX can now deliver digital Remote Patient Monitoring (dRPM) solutions to clients via Hospitals and via the Central Zone Primary Care Network in Alberta. News in Summary Cloud DX is the winner of a competitive Request For Proposal (RFP) to provide digital Remote Patient Monitoring (dRPM) hardware and services to Alberta Health Services (AHS). AHS is Canada's first and largest provincewide, integrated health system,... Read More
KITCHENER, ON / ACCESSWIRE / September 11, 2023 / Cloud DX Inc. (" Cloud DX " or the " Company ") (TSXV:CDX) (OTCQB:CDXFF), is pleased to announce that, further to the Company's news release dated July 11, 2023, it has closed its previously announced non-brokered private placement offering of 3,546 convertible debentures of the Company (the " Convertible Debentures ") at a price of $1,000 per Convertible Debenture for... Read More
Highlights in H1 include 115.8% increase in subscription revenue, 63.3% increase in total revenue, and 167% increase in gross profit compared to the first half of 2022. Key Developments: The Company has announced 20 new commercial contracts from January 1, 2023 to date, compared to 28 contracts/extensions signed in all of FY-2022. Total Revenue to June 30 of $946,373 represents an increase of 63.3% compared to the same... Read More
KITCHENER, ON / ACCESSWIRE / August 22, 2023 / Cloud DX (TSXV:CDX) (OTCQB:CDXFF), will post its financial results for the second quarter and first 6 months of 2023 after market open on Tuesday August 29, 2023. At 2:00 pm EDT / 11:00 AM PDT that same day CEO Robert Kaul will host an online Earnings Call to discuss financial results to June 30, 2023 as well as recent events of interest to investors. "Cloud DX is looking... Read More
News in Summary Western Canadian primary care group awards a new Remote Patient Monitoring (RPM) contract to Cloud DX after a competitive procurement process. The initial deployment of Cloud DX Connected Health will begin with 150 patients in 2 of 12 locations and is expected to grow as additional locations take part. With 20 new contracts or contract expansions announced so far in 2023, the Company expects to approximately... Read More
Ontario hospital increases their deployment of Connected Health™ by over 50%, adding patients recovering from surgery. News in Summary Ontario Heart Centre is expanding its successful Remote Patient Monitoring program first announced on March 7, 2023. The expanded deployment of Cloud DX Connected Health will enroll up to 500 new patients per year and generate $90,000 CAD in additional product and service revenue. With 19 new... Read More
The first Canadian Hospital contract is announced under the new multi-year contract with Mohawk Medbuy. News in Summary Existing Cloud DX customer St Mary's General Hospital in Kitchener ON is increasing their deployment of Connected Health products and services. This is the first deployment to be announced under the Mohawk Medbuy procurement contract announced June 21, 2023. This new St Mary's deployment will reach 500... Read More
KITCHENER, ON / ACCESSWIRE / July 11, 2023 / Cloud DX Inc. (" Cloud DX " or the " Company ") (TSXV:CDX) (OTC:CDXFF), is pleased to announce its intention to complete a non-brokered private placement offering of up to 4,000 secured convertible debentures of the Company (the " Convertible Debentures ") at a price of $1,000 per Convertible Debenture for aggregate gross proceeds of up to $4.0 million (the " Offering "). The... Read More
Company is awarded a multi-year contract by Mohawk Medbuy on behalf of its Member hospitals and healthcare providers across Canada. News in Summary Mohawk Medbuy awards innovative remote patient monitoring services contract to Cloud DX after competitive request for proposal (RFP). Mohawk Medbuy provides procurement and other supply chain services to hundreds of hospitals and Health Authorities across Canada. The contract has... Read More
WATERLOO, ON / ACCESSWIRE / June 20, 2023 / Cloud DX Inc. (" Cloud DX " or the " Corporation ") (TSXV:CDX), is pleased to announce that, further to its press release dated March 15, 2023, it has closed the final tranche of the private placement (the " Private Placement ") of units of the Corporation (the " Units "). Pursuant to the final tranche, the Corporation issued 1,802,855 Units for aggregate gross proceeds of... Read More
Ontario Community Paramedics granted an additional $174 million for the successful Community Paramedicine for Long-Term Care (CPLTC) program. News in Summary This is Cloud DX's 12th Community Paramedicine contract announced to date. Funding is provided through the Ontario government CPLTC program. Cloud DX sales continue to grow on a quarter-over-quarter basis in 2023. KITCHENER, ON / ACCESSWIRE / June 6, 2023 / Cloud DX... Read More
BROOKLYN, NY / ACCESSWIRE / May 30, 2023 / Cloud DX (OTCQB:CDXFF) (TSXV:CDX), a leading provider of digital healthcare and remote patient monitoring solutions across North America announced today that Company CEO Robert Kaul has been invited to present at the Healthcare IT Virtual Conference Part II, presented by Maxim Group LLC and hosted by M-Vest, on Thursday June 1, 2023. The Conference starts at 9:00 a.m. EDT. Allen... Read More
Highlights include 151% increase in subscription revenue, 68% increase in total revenue, and 183% increase in gross profit compared to Q1-2022. Key Developments: The Company has announced 15 new commercial contracts from January 1 - March 31, 2023, compared to 28 contracts/extensions signed in FY-2022. Total Revenue of $568,006 represents an increase of 68.4% compared to the same period in 2022 due to increases in both new... Read More
KITCHENER, ON / ACCESSWIRE / May 23, 2023 / Cloud DX (TSXV:CDX) (OTCQB:CDXFF), will post its Q1-2023 financial results after market open on Monday May 29, 2023. At 2:00 pm EDT that same day CEO Robert Kaul will host an online Earnings Call to discuss financial results to March 31, 2023 as well as recent events of interest to investors. "Cloud DX is looking forward to announcing and discussing first quarter 2023 financials... Read More
Highlights include 49% increase in revenue, 107% increase in gross profit and 14.5% improvement in EBITDA compared to FY2021 Key Developments: The Company has announced 28 new commercial contracts to Dec 31 st , an increase of 233% compared to contracts/extensions signed in all of 2021. Total Revenue of $1,166,003 represents an increase of 49% compared to FY2021 due to increases in both new contracts signed and growth of... Read More
The Company expects the recently announced Management Cease Trade Order will be lifted immediately after reporting year-end financial results. KITCHENER, ON / ACCESSWIRE / May 8, 2023 / Cloud DX (TSXV:CDX) (OTCQB:CDXFF), will post its FY2022 financial results after market open on Monday May 15, 2023. At 2:00 pm EDT that same day CEO Robert Kaul will host an online Earnings Call to discuss financial results to December 31,... Read More
Waterloo, Ontario--(Newsfile Corp. - May 3, 2023) - Cloud DX Inc. (TSXV: CDX) (OTCQB: CDXFF) (" Cloud " or the " Corporation "), is announcing that, further to its press release dated May 1, 2023 in respect of its application to the relevant securities regulatory authorities for a management cease trade order (" MCTO "), that the Ontario Securities Commission has granted MCTO. The MCTO restricts the Corporation's chief... Read More
Waterloo, Ontario--(Newsfile Corp. - May 1, 2023) - Cloud DX Inc. (TSXV: CDX) (OTCQB: CDXFF) (" Cloud " or the " Corporation "), is announcing that due to a short delay in finalizing the audit, the Corporation's auditors have advised the Corporation that they do not anticipate being able to complete the necessary procedures in order for the Corporation to finalize the following continuous disclosure documents (collectively,... Read More
KITCHENER, ON / ACCESSWIRE / April 11, 2023 / Cloud DX (TSXV:CDX) (OTCQB:CDXFF) , a fast-growing healthcare technology company specializing in automated remote patient monitoring (RPM), medical artificial intelligence (AI), augmented reality (AR), and managing health data, announces it will present at the Planet MicroCap Showcase: VEGAS 2023 on Wednesday, April 26, 2023 at 8:30AM (Local Time - PDT). Cloud DX Founder and CEO... Read More
These agreements are the 13 th, 14 th, and 15 th contracts or extensions to date in 2023 vs 28 in all of 2022 News in Summary Illinois primary care practice signs contract to deploy Connected Health™ platform to improve outcomes and attract new business An Ontario Family Health team extends remote patient monitoring (RPM) contract A Community Paramedic Service extends RPM program for an additional 12 months KITCHENER, ON /... Read More
Connected Health™ platform exhibits a 3X growth among existing client base News in Summary 12 contracts signed to date in 2023 YoY growth in Contract Extensions increases 150% Rate of growth among customers indicates a permanent shift in healthcare delivery KITCHENER, ON / ACCESSWIRE / March 16, 2023 / Cloud DX (TSXV:CDX) (OTC:CDXFF) ,a leading health data platform, announces the expansion of 5 existing remote patient... Read More
Waterloo, Ontario--(Newsfile Corp. - March 15, 2023) - Cloud DX Inc. (TSXV: CDX) (OTCQB: CDXFF) (" Cloud DX " or the " Corporation ") is pleased to announce the closing of the first tranche of the private placement (the " Private Placement ") of units of the Corporation (the " Units ") for aggregate gross proceeds of $2,601,884. The Corporation expects to close the second and final tranche of the Private Placement on or... Read More
Ontario hospital will use Connected Health™ for its Congestive Heart Failure program, complementing successful Perioperative RPM deployment News in Summary Three-year contract provides RPM to Congestive Heart Failure patients The Connected Health™ platform replaces a current CHF telehealth program This is the 7 th contract the Company has signed to date in 2023 KITCHENER, ON / ACCESSWIRE / March 7, 2023 / Cloud DX (TSXV:CDX... Read More
Customer grows its Connected Health™ RPM offerings, adds Cloud DX Diabetes care pathway to its existing Palliative RPM program News in Summary Leading Ontario health organization to launch Diabetes RPM program Program aims to achieve a volume of 100 users this year RPM is well suited for Diabetes Type 2 Management KITCHENER, ON / ACCESSWIRE / February 22, 2023 / Cloud DX (TSXV:CDX)(OTC:CDXFF), a leading health data platform,... Read More
8 th Paramedic Service Chooses Cloud DX to Launch RPM Program Ontario paramedic group will offer Connected Health™ to vulnerable seniors awaiting long term care News in Summary Funding provided through Ontario government CPLTC program Feedback from CPLTC participants show RPM reduces hospital readmissions This is Cloud DX's 8th Community Paramedicine contract to date KITCHENER, ON / ACCESSWIRE / February 9, 2023 / Cloud DX... Read More
Existing clients procure more Connected Health™ kits for successful hospital-at-home and community programs News in Summary Two customers buy additional remote monitoring kits, and future subscription fees, delivering up to $297,000 CAD in revenue to Cloud DX. Paramedicine and Community Health Center customers grow their programs by 200% and 50%, respectively. Published studies show Cloud DX Connected Health™ reduced... Read More
Ontario health centre launches palliative program using Cloud DX platform and its remote care solution, Connected Health™ News in Summary Family health centre to offer Connected Health™ to palliative care patients to improve dignity in care Program funding comes through Ontario Health This contract is the 3 rd Palliative Care program to deploy Connected Health for this underserved population. KITCHENER, ON / ACCESSWIRE /... Read More
Waterloo, Ontario--(Newsfile Corp. - January 20, 2023) - Cloud DX Inc. (TSXV: CDX) (OTCQB: CDXFF) (" Cloud DX " or the " Corporation "), is pleased to announce a private placement financing of up to 17,857,142 units of the Corporation (the " Units ") at a price of $0.14 per Unit for aggregate gross proceeds of up to $2,500,000 (the " Offering "), and a Concurrent Placement (as defined below) of Units for aggregate gross... Read More
Connected Health™ remote patient monitoring platform to replace US RPM vendor News in Summary Ontario hospital selects Cloud DX to replace US vendor in a competitive RFQ. Chronic care patients will use Cloud DX Connected Health™ to monitor vital signs, manage symptoms and communicate with care team members from the comfort of their home. Cloud DX client list expands to 12 contracts in Ontario, including Hospitals, Community... Read More
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The Connected Health™ platform remains top choice for pre- and post-surgical patient monitoring News in Summary Existing Ontario hospital contract extended until October 2025 for Cloud DX Connected Health™ platform and Remote Patient Monitoring (RPM) solution Connected Health™ kits are provided to surgical patients before... Read More
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Cloud DX Expands Contract with Ontario Hospital Additional deployment of Connected Health™ kits for initial 100 cardiac patients News in Summary Cloud DX grows its Connected Health™ deployments at Ontario hospital, adding Cardiac patients alongside existing chronic care program The contract, valued at $76,000 CAD, will use... Read More
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With offerings in six states, Cloud DX grows its Remote Patient Monitoring patient base as it adds Alaskan clinic. News in Summary This new clinic brings Cloud DX to 25 new contracts year-to-date and expands US f ootprint to 6 states. Cloud DX showcases its expertise in rural support for remote and virtual care KITCHENER, ON /... Read More
KITCHENER, ON / ACCESSWIRE / November 28, 2022 / Cloud DX Inc. (" Cloud " or the " Corporation ") (TSXV:CDX)( OTCQB:CDXFF), is pleased to announce that it has closed the previously announced non-brokered private placement (the " Private Placement "). Upon closing of the Private Placement, the Corporation issued 2,428 secured convertible debentures (the " Debentures ") of the Corporation at a price of $1,000 per Debenture,... Read More
Kitchener, Ontario--(Newsfile Corp. - November 22, 2022) - Cloud DX Inc. (TSXV: CDX) (OTCQB: CDXFF) (" Cloud DX " or the " Corporation "), is pleased to announce that, due to strong investor demand, it has increased the size of its non-brokered private placement of secured convertible debentures (the " Convertible Debentures ") from $1,800,000 to up to $2,375,000 (the " Offering "). The Offering will be for the issuance and... Read More
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