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Financial Model & Projections

Revenue Model per person per month (PMPM)

Revenue Projections

CARDIO AI - 5-YEAR FINANCIAL PROJECTIONS (OPTIMIZED MODEL)
40% Operating Expense Model | 60% EBITDA Margin
Projection Date: December 23, 2025
METRIC 2027 2028 2029 2030 2031 5-YR TOTAL
MEMBERS & PMPM
Total Members 50000 250000 1000000 1750000 2500000 -
Blended PMPM 85 122.4 156.2 153 190 -
Complete Platform Adoption % 0.2 0.4 0.6 0.7 0.75 -
REVENUE ($ millions)
Total Revenue 51 367.2 1874.4 3215.7 4752 =SUM(B12:F12)
YoY Growth % - 6.2 4.1 0.72 0.48 -
EXPENSES & EBITDA ($ millions)
Operating Expenses (40%) 20.4 146.9 749.6 1286.4 1900.8 =SUM(B16:F16)
EBITDA (60%) 30.6 220.3 1124.4 1929.3 2851.2 =SUM(B17:F17)
EBITDA Margin 0.6 0.6 0.6 0.6 0.6 60%
OPERATIONS
Headcount (FTEs) 75 85 220 380 520 -
Revenue per Employee (thousands) =B12*1000/B21 =C12*1000/C21 =D12*1000/D21 =E12*1000/E21 =F12*1000/F21 -
KEY HIGHLIGHTS
• 5-Year Total Revenue: $10.26 Billion
• 5-Year Total EBITDA: $6.16 Billion (60% margin)
• Profitable from Year 1 - No external financing needed
• World-Class 60% EBITDA margin (2x better than best SaaS)
• Members grow 50x: 50K → 2.5M

Pricing Tiers

CARDIO AI - FOUR-TIER PMPM PRICING MODEL
Tier PMPM Price Features Target Segment
Tier 1: Risk Assessment $30 5 validated risk calculators, basic clinical decision support Primary care practices
Tier 2: Diagnostic AI $50 AI-powered imaging analysis, ECG interpretation, diagnostic support Cardiology groups
Tier 3: Complete Platform $100 All 4 tiers combined - comprehensive cardiovascular AI suite Hospital systems
Tier 4: IoMT-RPM $40 Internet of Medical Things integration, remote patient monitoring Chronic disease management
BLENDED PMPM EVOLUTION
Year Blended PMPM Complete Platform Adoption Growth Driver
2027 $85 20% Early adopters, basic tiers
2028 $122.40 40% Tier 3 adoption accelerates
2029 $156.20 60% Complete platform majority
2030 $153.00 70% Market maturation
2031 $190 75% Premium features, upsells