The long patient queues that triggered Dr Kev Lim’s startup journey to profitability with Qmed Asia

22-May-2023 by Digital News Asia

As a teenager growing up in Tangkak, Johor, Kev Lim took an interest in computing thanks to his older brother who was pursuing a degree in computer science. Helping himself to his brother’s textbooks, Kev learnt about PCs and had a nice gig earning some money repairing PCs in the neighbourhood.

The ability to turn a profit in an area he is interested in was on display almost two decades later when Queuemed Healthtech Sdn Bhd (Qmed), the health startup he launched in Jan 2019 with two others, ended the 2022 financial year (Jun 2022) with US$2.8 million (RM12.5 million) in audited revenue and US$380,000 (RM1.7 million) in net profit, making it a rarity among startups.

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