InvestorsHub Logo
Followers 97
Posts 128742
Boards Moderated 1
Alias Born 07/24/2016

Re: None

Tuesday, 05/22/2018 2:05:39 PM

Tuesday, May 22, 2018 2:05:39 PM

Post# of 54872

$RXMD big news here: The Walmart offer for PillPack comes at a critical time for RXMD. Until recently there have been few comparable pharmacies offering services similar to PharmCo, LLC. The market cap for RXMD has ranged between $4 million and $100 million. Now that PillPack is being offered a dollar figure from Walmart, RXMD has a way to assess what their Company is worth. Walmart’s current offer is slightly less than a $1 billion, however, it is widely assumed the transaction will close around that figure. At close to $100 million in revenue nationwide, PillPack’s valuation could provide needed clarity on the value of RXMD. RXMD released audited financial statements for 2017 indicating over $20 million in sales, the bulk of which is in the South Florida area. Like PillPack, RXMD’s model is absolutely invested in the safety and well-being of their patients.


Rumored Walmart Deal Adds Value and More to the Progressive Care Approach https://smallcapvoice.com/blog/rumored-walmart-deal-adds-value-and-more-to-the-progressive-care-approach/


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.