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Bullboard - Stock Discussion Forum Vitalhub Corp T.VHI

Alternate Symbol(s):  VHIBF

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... see more

TSX:VHI - Post Discussion

Vitalhub Corp > Beautiful Acquisition!
View:
Post by goldenticketguy on Jan 27, 2022 9:21pm

Beautiful Acquisition!

Chalk another $600,000+ in RR. Welcome aboard! This is what they're doing! Next. Not a needle mover but another tidy add to the growing portfolio and solid companies aligning great partnerships. Making noise in 22...lots in the kitty for the next.
Comment by Sangneuf019 on Jan 27, 2022 9:56pm
A small aquisition, but at a 1.5 price/sales, it seems like a very good deal. The 60% RR is very interesting also. And Golden, don't forget the RR is 600 000 not dollars. More like 1 000 000$CAN. Good news!!! We're getting there....GLTA
Comment by Sangneuf019 on Jan 27, 2022 9:58pm
Couldn't type the "pound" symbol. It's 600 000 english pounds
Comment by AlwaysLong683 on Jan 27, 2022 10:07pm
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 ...more  
Comment by AlwaysLong683 on Jan 27, 2022 10:12pm
Correction to my previous post: The name of the newly-acquired company is "Beautiful Information" , not "Beautiful Systems".
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