MMRGlobal, Inc. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis

April 2024 | 78 pages | ID: MF7FD8E7600BEN
BAC Reports

Abstracts

MMRGlobal, Inc. Fundamental Company Report provides a complete overview of the company’s affairs. All available data is presented in a comprehensive and easily accessed format. The report includes financial and SWOT information, industry analysis, opinions, estimates, plus annual and quarterly forecasts made by stock market experts. The report also enables direct comparison to be made between MMRGlobal, Inc. and its competitors. This provides our Clients with a clear understanding of MMRGlobal, Inc. position in the Software and Technology Services Industry.

• The report contains detailed information about MMRGlobal, Inc. that gives an unrivalled in-depth knowledge about internal business-environment of the company: data about the owners, senior executives, locations, subsidiaries, markets, products, and company history.
• Another part of the report is a SWOT-analysis carried out for MMRGlobal, Inc.. It involves specifying the objective of the company's business and identifies the different factors that are favorable and unfavorable to achieving that objective. SWOT-analysis helps to understand company’s strengths, weaknesses, opportunities, and possible threats against it.
• The MMRGlobal, Inc. financial analysis covers the income statement and ratio trend-charts with balance sheets and cash flows presented on an annual and quarterly basis. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long-term solvency. This sort of company's information will assist and strengthen your company’s decision-making processes.
• In the part that describes MMRGlobal, Inc. competitors and the industry in whole, the information about company's financial ratios is compared to those of its competitors and to the industry. The unique analysis of the market and company’s competitors along with detailed information about the internal and external factors affecting the relevant industry will help to manage your business environment. Your company’s business and sales activities will be boosted by gaining an insight into your competitors’ businesses.
• Also the report provides relevant news, an analysis of PR-activity, and stock price movements. The latter are correlated with pertinent news and press releases, and annual and quarterly forecasts are given by a variety of experts and market research firms. Such information creates your awareness about principal trends of MMRGlobal, Inc. business.

About MMRGlobal, Inc.

MMR Information Systems, Inc., through its subsidiary, MyMedicalRecords, Inc., offers a suite of secure, online products that empower consumers and professionals alike to manage the important records in their life and business, whether paper-based or digital.

Products

MyMedicalRecords - An On-line Personal Health Record (PHR)

The company’s principal product, MyMedicalRecords PHR, accessible at www.mymedicalrecords.com, delivers a Web-based medical records and health information storage, retrieval and management system for use by both consumers and healthcare providers. The company’s MyMedicalRecords PHR product allows for paper-based medical records, such as lab reports, radiology reports, MRI reports and progress notes to be transmitted via fax to a secure mailbox that is created when a user enrolls in the service. Its MyMedicalRecords PHR product is designed to allow a user to fax health records or other vital documents into a personal MyMedicalRecords PHR account via a telephone number, which is referred to as the user's ‘Lifeline’ telephone number, that is assigned to the user upon enrollment. A user can also upload digital files, such as x-rays, scans or other medical images, as well as other vital documents into their accounts from a personal computer through any Internet browser. The company’s MyMedicalRecords PHR product allows users to store and segregate information for up to ten family members in a single account.

Designed to allow healthcare providers to transmit documents to a patient's MyMedicalRecords PHR mailbox without making any changes to existing patient or practice management software, its PHR makes it possible for a provider to send a patient's medical records to their MyMedicalRecords PHR mailbox without incurring expenses for legacy systems conversions, scanners or other machines. In addition to medical records, its MyMedicalRecords PHR product can be used to provide secure storage for various important confidential records, including patient charts and notes; patient medical histories; vaccination and immunization records; lab reports and test results, including any images (or, if offered by a laboratory, links that the user can use to access the laboratory's stored images); copies of prescription orders; x-ray results and images (either the actual images or, if offered by a radiology provider, links that the user can use to access the provider's stored images); EKG results and images (either the actual images or, if offered by an imaging provider, links that the user can use to access the provider's stored images); and birth certificates, living wills, healthcare powers of attorney and advance directives. In addition, users can store important legal, insurance and financial documents, as well as copies of identification documents, such as passports and driver licenses in their MyMedicalRecords PHR accounts.

In addition to the core document conversion, storage and retrieval capabilities, the company’s MyMedicalRecords PHR product provides a layer of value-added interactive tools to help users better manage their personal and/or their families' medical records. These value-added interactive tools include ability to attach received faxes to e-mail notifications, health history, appointment calendar feature, prescription history and reminder feature, drug information and interaction database, voice reminders and messaging, secondary passwords on selected file, emergency log-in for physicians and other emergency response personnel, health information library.

The company’s MyMedicalRecords PHR product allows for the fax transmission, upload and storage of insurance, financial and other personal documents, as well as provides a place to store digital files, such as photographs.

MyESafeDepositBox - An On-line Secure Document Storage System

The company's MyESafeDepositBox product is designed to meet the needs of companies and individuals who are looking for a way to securely store important legal, insurance and financial documents that they cannot afford to lose in a natural disaster, such as an earthquake, hurricane, flood or fire.

MyMedicalRecords Pro - An Integrated Scanning and Web-Based Document Management Solution for Medical Providers

MMRPro product provides physician practices, particularly smaller practices that are paper based and resistant to making the significant investment required to convert to an Electronic Medical Records (EMR) system, an integrated solution that enables them to scan, digitize, store, manage, retrieve, and share records with patients through a managed ‘software as service’ Web application created and managed by the company.

Customers

The company provides online PHRs and electronic safe deposit box storage solutions, serving consumers, healthcare professionals, employers, insurance companies, unions and professional organizations, and affinity groups. Its major customers are MMR Australia; Alexian; Medialert; and Coverdell.

Competition

MyMedicalRecords PHR: The company's MyMedicalRecords PHR product competes with various products and service providers in the consumer health information management marketplace, such as HealthVault, iHealthRecord.org, Google Health, and WebMD.

MyESafeDepositBox: The company's MyESafeDepositBox product competes with Wells Fargo Bank’s VSafe service.

History

MMR Information Systems, Inc. was founded in 2005.

The above Company Fundamental Report is a half-ready report and contents are subject to change.
It means that we have all necessary data in our database to prepare the report but need 2-3 days to complete it. During this time we are also updating the report with respect to the current moment. So, you can get all the most recent data available for the same price. Please note that preparation of additional types of analyses requires extra time.

Contents

RESEARCH METHODOLOGY

DISCLAIMER

1. MMRGLOBAL, INC. COMPANY PROFILE

1.1. Key facts
1.2. Financial Performance
1.3. Key Executives
1.4. Ownership and Major Holders
1.5. Company History

2. MMRGLOBAL, INC. BUSINESS OVERVIEW

2.1. Business Description
2.2. Major Products and Services
2.3. Markets and Sales Activities
2.4. Locations, Subsidiaries, Operating Units

3. MMRGLOBAL, INC. SWOT ANALYSIS

3.1. Overview
3.2. Strengths
3.3. Weaknesses
3.4. Opportunities
3.5. Threats

4. MMRGLOBAL, INC. FINANCIAL ANALYSIS

4.1. Financial Statements
4.1.1. Income Statement
4.1.2. Balance Sheet
4.1.3. Cash Flow
4.2. Financial Ratios
4.2.1. Profitability
4.2.2. Margin Analysis
4.2.3. Asset Turnover
4.2.4. Credit Ratios
4.2.5. Long-Term Solvency
4.2.6. Growth Over Prior Year
4.2.7. Financial Ratios Charts
4.3. Stock Market Snapshot

5. MMRGLOBAL, INC. COMPETITORS AND INDUSTRY ANALYSIS

5.1. MMRGlobal, Inc. Direct Competitors
5.2. Comparison of MMRGlobal, Inc. and Direct Competitors Financial Ratios
5.3. Comparison of MMRGlobal, Inc. and Direct Competitors Stock Charts
5.4. MMRGlobal, Inc. Industry Analysis
5.4.1. Software and Technology Services Industry Snapshot
  5.4.2. MMRGlobal, Inc. Industry Position Analysis

6. MMRGLOBAL, INC. NEWS & EVENTS

6.1. News & PR Activity Analysis
6.2. IR Corporate News
6.3. Marketing News
6.4. Corporate Events

7. MMRGLOBAL, INC. EXPERTS REVIEW¹

7.1. Experts Consensus
7.2. Experts Revisions

8. MMRGLOBAL, INC. ENHANCED SWOT ANALYSIS²

9. UNITED STATES PESTEL ANALYSIS²

9.1. Political Factors
9.2. Economic Factors
9.3. Social Factors
9.4. Technological Factors
9.5. Environmental Factors
9.6. Legal Factors

10. MMRGLOBAL, INC. IFE, EFE, IE MATRICES²

10.1. Internal Factor Evaluation Matrix
10.2. External Factor Evaluation Matrix
10.3. Internal External Matrix

11. MMRGLOBAL, INC. PORTER FIVE FORCES ANALYSIS²

12. MMRGLOBAL, INC. VRIO ANALYSIS²

APPENDIX: RATIO DEFINITIONS

LIST OF FIGURES

MMRGlobal, Inc. Annual Revenues in Comparison with Cost of Goods Sold and Gross Profit
Profit Margin Chart
Operating Margin Chart
Return on Equity (ROE) Chart
Return on Assets (ROA) Chart
Debt to Equity Chart
Current Ratio Chart
MMRGlobal, Inc. 1-year Stock Charts
MMRGlobal, Inc. 5-year Stock Charts
MMRGlobal, Inc. vs. Main Indexes 1-year Stock Chart
MMRGlobal, Inc. vs. Direct Competitors 1-year Stock Charts
MMRGlobal, Inc. Article Density Chart

1 – Data availability depends on company’s security policy.
2 – These sections are available only when you purchase a report with appropriate additional types of analyses.
The complete financial data is available for publicly traded companies.

List Of Tables

LIST OF TABLES

MMRGlobal, Inc. Key Facts
Profitability
Management Effectiveness
Income Statement Key Figures
Balance Sheet Key Figures
Cash Flow Statement Key Figures
Financial Performance Abbreviation Guide
MMRGlobal, Inc. Key Executives
MMRGlobal, Inc. Major Shareholders
MMRGlobal, Inc. History
MMRGlobal, Inc. Products
Revenues by Segment
Revenues by Region
MMRGlobal, Inc. Offices and Representations
MMRGlobal, Inc. SWOT Analysis
Yearly Income Statement Including Trends
Income Statement Latest 4 Quarters Including Trends
Yearly Balance Sheet Including Trends
Balance Sheet Latest 4 Quarters Including Trends
Yearly Cash Flow Including Trends
Cash Flow Latest 4 Quarters Including Trends
MMRGlobal, Inc. Profitability Ratios
Margin Analysis Ratios
Asset Turnover Ratios
Credit Ratios
Long-Term Solvency Ratios
Financial Ratios Growth Over Prior Year
MMRGlobal, Inc. Capital Market Snapshot
MMRGlobal, Inc. Direct Competitors Key Facts
Direct Competitors Profitability Ratios
Direct Competitors Margin Analysis Ratios
Direct Competitors Asset Turnover Ratios
Direct Competitors Credit Ratios
Direct Competitors Long-Term Solvency Ratios
Software and Technology Services Industry Statistics
MMRGlobal, Inc. Industry Position
Company vs. Industry Income Statement Analysis
Company vs. Industry Balance Sheet Analysis
Company vs. Industry Cash Flow Analysis
Company vs. Industry Ratios Comparison
MMRGlobal, Inc. Consensus Recommendations¹
Analyst Recommendation Summary¹
Price Target Summary¹
Experts Recommendation Trends¹
Revenue Estimates Analysis¹
Earnings Estimates Analysis¹
Historical Surprises¹
Revenue Estimates Trend¹
Earnings Estimates Trend¹
Revenue Revisions¹

ANALYSIS FEATURES

SWOT Analysis

SWOT, which stands for Strengths, Weaknesses, Opportunities and Threats, is an analytical framework that identifies the internal and external factors that are favorable and unfavorable for a company.

Enhanced SWOT Analysis

Enhanced SWOT is a 3×3 grid that arranges strengths, weaknesses, opportunities and threats into one scheme:

• How to use the strengths to take advantage of the opportunities?
• How to use the strengths to reduce likelihood and impact of the threats?
• How to overcome the weaknesses that obstruct taking advantage of the opportunities?
• How to overcome the weaknesses that can make the threats a reality?

Upon answering these questions a company can develop a project plan to improve its business performance.

PESTEL Analysis

PESTEL (also termed as PESTLE) is an ideal tool to strategically analyze what influence different outside factors – political, economic, sociocultural, technological, environmental and legal – exert on a business to later chart its long term targets.

Being part of the external analysis when carrying out a strategic assessment or performing a market study, PESTEL gives an overview of diverse macro-environmental factors that any company should thoughtfully consider. By perceiving these outside environments, businesses can maximally benefit from the opportunities while minimizing the threats to the organization.

Key Factors Examined by PESTEL Analysis:

• Political – What opportunities and pressures are brought by political bodies and what is the degree of public regulations’ impact on the business?
• Economic – What economic policies, trends and structures are expected to affect the organization, what is this influence’s degree?
• Sociological – What cultural and societal aspects will work upon the demand for the business’s products and operations?
• Technological – What impact do the technological aspects, innovations, incentives and barriers have on the organization?
• Environmental – What environmental and ecological facets, both locally and farther afield, are likely to predetermine the business?
• Legal – What laws and legislation will exert influence on the style the business is carried out?

IFE, EFE, IE Matrices

The Internal Factor Evaluation matrix (IFE matrix) is a strategic management tool helping audit or evaluate major weaknesses and strengths in a business’s functional areas. In addition, IFE matrix serves as a basis for identifying and assessing relationships amongst those areas. The IFE matrix is utilised in strategy formulation.

The External Factor Evaluation matrix (EFE matrix) is a tool of strategic management that is typically utilised to assess current market conditions. It is an ideal instrument for visualising and prioritising the threats and opportunities a firm is facing.

The essential difference between the above mentioned matrices lies in the type of factors incorporated in the model; whilst the latter is engaged in internal factors, the former deals exceptionally with external factors – those exposed to social, political, economic, legal, etc. external forces.

Being a continuation of the EFE matrix and IFE matrix models, the Internal External matrix (IE matrix) rests upon an investigation of external and internal business factors integrated into one suggestive model.

Porter Five Forces Analysis

The Porter’s five forces analysis studies the industry of operation and helps the company find new sources of competitive advantage. The analysis surveys an industry through five major questions:

1. What composes a threat of substitute products and services?
2. Is there a threat of new competitors entering the market?
3. What is the intensity of competitive rivalry?
4. How big is the bargaining power of buyers?
5. How significant is the bargaining power of suppliers?

VRIO Analysis

VRIO stands for Value, Rarity, Imitability, Organization. This analysis helps to evaluate all company’s resources and capabilities and bring them together into one aggregate table that includes:

• Tangible resources
  • Financial
  • Physical
  • Technological
  • Organizational
• Intangible resources
  • Human
  • Innovation and Creativity
  • Reputation
• Organizational capabilities

The result of the analysis gives a clear picture of company’s competitive and economic implications, answering the questions if the resources mentioned above are:

• Valuable?
• Rare?
• Costly to imitate?
• Organized properly?