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I knew that sales were picking up, but didn't expect this type of yoy change:

Now there is probably a psychological barrier to be breached of yearly tests exceeding a total of 1MM. And given the current run rate, that won't happen this year. But next year?

Right now the company is still hanging all of its growth on one product. It does take a while for competitors to enter the marketplace, and there is a stickiness when a test is accepted by a physician. It's even more so when it's accepted by the patient. The test is repeated every three years. I haven't seen the numbers that break down first time tests versus repeat tests, but I would have to believe at this point in time most of the tests are new customers. I'll try to dig a little behind the numbers to see what the new growth numbers are. The headline is encouraging.


Full disclosure - EBIX is my largest holding.
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