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**Company Information**
**Name:** Search Heart, Inc.
**Symbol:** SEARCH-HEART
**Exchange:** NASDAQ
**Industry:** Healthcare Technology
**Business Description:**
Search Heart is a medical technology company that develops and markets artificial intelligence (AI)-powered solutions for cardiovascular disease diagnosis and management. Its flagship product is a cloud-based platform that analyzes patient data, including electrocardiograms (ECGs), to identify and diagnose heart conditions with high accuracy.
**Financial Performance**
**Earnings:**
* Q1 2023: Revenue of $25.6 million, up 32% YoY
* Q4 2022: Revenue of $22.1 million, up 28% YoY
* Full-year 2022: Revenue of $80.2 million, up 30% YoY
**Growth:**
* Annual revenue growth rate of approximately 30% over the past 3 years
* Strong demand for AI-powered cardiovascular diagnostics
* Expanding customer base in hospitals, clinics, and research institutions
**Valuation:**
* Market capitalization: Approximately $1.5 billion
* Price-to-sales (P/S) ratio: 18.7x (as of March 2023)
**Key Metrics:**
* Number of patients diagnosed using Search Heart's platform: Over 5 million
* Accuracy of heart condition detection: Over 95%
* Time saved in diagnosis: Up to 50%
**Investment Considerations:**
* Strong growth potential in the rapidly expanding AI healthcare market
* Proprietary AI technology with proven clinical accuracy
* Growing customer base and strategic partnerships
* Potential for further revenue growth through product expansion and international expansion
**Risks:**
* Competition from other AI healthcare companies
* Regulatory changes in the healthcare industry
* Dependence on a limited number of key customers
* Potential for technical issues with the AI platform