Bullboard - Stock Discussion Forum 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... see more

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OTCQB:HDSLF - Post Discussion

HS Govtech Solutions Inc > Recent News

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Post by SkywalkerofLuke on Sep 15, 2022 3:23pm

Recent News

HS.c HDSLF getting support in the 50c range.

They announced last week they agreed to a $9.4M contract with the Commonwealth of Kentucky Cabinet for Health and Family Services.

The TCV over 8 years = $9.4M with the annual recurring value = approx. $1M.

+ As of June 30th ARR stood at $4.82M. Once this contract is countersigned, combined with additional contract executions since June 30th, HS ‘s ARR will stand at $6M. This represents an increase in ARR of $1.18M since the start of Q3 2022 - a 24% increase this quarter alone.

https://www.newswire.ca/news-releases/hs-govtech-solutions-inc-chosen-for-statewide-solution-awarded-9-4-million-contract-899863917.html