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Vitalhub Corp T.VHI

Alternate Symbol(s):  VHIBF

Healthcare Medical Devices
VitalHub Corp. is a Canada-based software company. The Company offers software for health and human service providers designed to simplify the user experience and optimize outcomes. It offers a comprehensive suite of software-as-a-service (SaaS) solutions, which include electronic health record (EHR), case management, care coordination, and optimization; patient flow, operational visibility, and patient journey optimization, and workforce automation. Its solutions include Alamac, Beautiful Information, Hicom, Intouch with Health, MCAP, Oculys, SHREWD, Synopsis, B Care, CaseWORKS, Pirouette, S12 Solutions and TREAT. Its clients include hospitals, regional health authorities, mental health and addictions services providers for children and adults, long-term care facilities, home health agencies, correctional services, and community and social services providers. It serves clients across Canada, the United States, the United Kingdom, Australia, the Middle East, and Europe.


TSX:VHI - Post by User

Vitalhub Corp > Beautiful Acquisition!
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Comment by AlwaysLong683on Jan 27, 2022 10:07pm
70 Views
Post# 34369630

RE:Beautiful Acquisition!

RE:Beautiful Acquisition!
goldenticketguy wrote: Chalk another $600,000+ in RR. Welcome aboard! This is what they're doing! Next. Not a needle mover but another tidy add to the growing portfolio and solid companies aligning great partnerships. Making noise in 22...lots in the kitty for the next.


Yes, according to my calcuations, VHI's acquisition of Beautiful Systems for a total purchase price 1,55M Bitish Pounds equates to approximately 2.54M Canadian, so not a huge addition in terms of acquisition cost, but it is estimated that Beautiful Systems will provide 1.7M Canadian in annual revenue, of which slightly over 1M Canadian (or roughly 60%) ie expected to be recurring in nature. Of course, since all estimates are in British Pounds, the exchange rate at any given time will influence what is earned in Canadian Dollars. Still, this acquisition looks like it will nicely complement VHI's existing module offerings in the UK.
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