HS Govtech Solutions Inc HDSLF

Technology Software - Infrastructure

HS Govtech Solutions Inc. is a Canada-based software-as-a-service company. The Company's principal business activity is the development and sale of information and communication management systems for health inspection departments of federal, provincial, state, and municipal governments in Canada and the United States of America. The Company is focused on providing an efficient data and workflow management platform. Its platforms provide inspection, information, communication, and data management systems that enable government agencies to operate more efficiently. Its cloud and mobile-based platforms are deployed in approximately 800 state and local government organizations across North America. Its solutions include environment health, code enforcement/ fire & safety, virtual inspections, payment processing and more. The Company also delivers government grade technologies to private businesses through its My Health Department platform.

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HS Govtech Solutions Inc > Truly disappointing to this stage.

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Comment by stockgainson Apr 11, 2020 7:07am

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Post# 30898552

RE:RE:RE:Truly disappointing to this stage.

Add to the $5M ARR, $4M in one implementation fees if they close the $15M pipeline. Then add the HSPAY revenue that will start flowing in. All laid out in corporate presentation

https://healthspace.s3.amazonaws.com/HealthSpace+Presentation+Q1+2020+-+Final+v2.pdf

TheeRook wrote: HS just finished their new Cloud based software last year. Last year the Pipeline was $7M. This year it jumped to $15M and probably still growing. AAR is expected to grow from last years $3M to $5M at the end of this year. That is a 66% growth YoY.
Not many companies are getting that kind of revenues.

ando wrote: There has been years of no growth and the company has already of shares outstanding. My guess is there were .any people that have been holding shares for a long time took it as an advantage to hop out. I also believe accumulation is happening into stronger hands and it will be a delayed run. Which could happen as early as next week. They have been signing good multi million dollar contracts so dont rule HS out. Ando