OPTIMIZERx Corp

NASDAQ OPRX

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OPTIMIZERx Corp Return on Tangible Equity (ROTE) 5 year CAGR for the quarter ending March 31, 2024: 462.54%

OPTIMIZERx Corp Return on Tangible Equity (ROTE) 5 year CAGR is 462.54% for the quarter ending March 31, 2024. Return on tangible equity measures the profitability of a company relative to its tangible equity, which is shareholders' equity minus goodwill and intangible assets. It is calculated by dividing the net income by the tangible equity. This ratio indicates the return generated for each unit of tangible equity invested by the shareholders. A higher return on tangible equity suggests better profitability and value creation for the shareholders' tangible investment. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

OPTIMIZERx Corp Return on Tangible Equity (ROTE) for the quarter ending March 31, 2023 was 744.63%, a 21,039.07% change year over year.
OPTIMIZERx Corp Return on Tangible Equity (ROTE) for the quarter ending March 31, 2022 was -3.56%, a -432.16% change year over year.
OPTIMIZERx Corp Return on Tangible Equity (ROTE) for the quarter ending March 31, 2021 was -0.67%, a 95.33% change year over year.
OPTIMIZERx Corp Return on Tangible Equity (ROTE) for the quarter ending March 31, 2020 was -14.30%, a -23,428.04% change year over year.

NASDAQ: OPRX

OPTIMIZERx Corp

CEO	Mr. William J. Febbo
IPO Date	Oct. 22, 1996
Location	United States
Headquarters	400 Water Street, Rochester, MI, United States, 48307
Employees	135
Sector	Healthcare
Industry	Health information services

Description

OptimizeRx Corporation, a digital health technology company, enables care-focused engagement between life sciences organizations, healthcare providers, and patients at critical junctures throughout the patient care journey. It offers various tech-enabled marketing solutions through its Artificial Intelligence-generated Dynamic Audience and Activation Platform, which enables customers to execute traditional marketing campaigns on its proprietary digital point-of-care network, as well as dynamic marketing campaigns that optimize audiences in real time to increase the value of treatment information for healthcare professionals and patients in response to clinical care events. The company was founded in 2006 and is based in Waltham, Massachusetts.

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