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Bullboard - Stock Discussion Forum WELL Health Technologies Corp T.WELL

Alternate Symbol(s):  T.WELL.DB | WHTCF

WELL Health Technologies Corp. is a practitioner-focused digital healthcare company. The Company develops technologies, services, and support available, which ensures healthcare providers are empowered to positively impact patient outcomes. Its business units include Canadian Patient Services, WELL Health USA Patient Services and SaaS and Technology Services. WELL Health USA Patient and... see more

TSX:WELL - Post Discussion

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Post by fdfd12 on May 15, 2023 3:49pm

WELL

I do not know if this has been mentioned on this board.
The reason, in my opinion that this stock has crashed 20% is because the margins
dropped from 55% to 51%.
Comment by Nextlegup on May 15, 2023 4:22pm
fd... Gosh, I hope that was a sarcastic comment as opposed to a serious contribution...?
Comment by retiredcf on May 15, 2023 4:26pm
LOL - I guess everyone at TD, CIBC, Paradigm, 5iResearch, etc. must have missed this. GLTA
Comment by Capharnaum on May 15, 2023 4:45pm
If I had to guess, a PP is coming and the price is being suppressed to make the issue easier to sell.
Comment by Nextlegup on May 15, 2023 6:04pm
Not a bad call... Reset the bar, get some bucks in the door, make a good sized acquisition...off to the races. I figured they would be making some good sized acquisitions soon, and will be need to raising some money to do so...I just hoped it would be at higher levels to avoid too much dilution.
Comment by monty613 on May 15, 2023 4:25pm
my thoughts exactly - the margin erosion brings into question the timeline re: path to profitability (will take longer than initially anticipated)
Comment by BudFoxx2020 on May 15, 2023 8:26pm
Net loss of -$10.6 million.  -0.06 EPS.  They are not profitable and won't be this year or next.  What happened to being profitable at the end of 2022.  It's really not that complicated.  They are starting to ease up on their accounting as well.  Once again just sit down and read their financials.  Just wait till the next Q.  Way too many paid ...more  
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