Hydreight Technologies Inc V.NURS

Uber For Nurses !!!!

[Investorbenny]

Hydreight is building the largest mobile clinical network across the United States. Only platform active across 50 states and over 650 cities, allowing nurses to provide at home services legally and in compliance with healthcare regulation. 

• Platform enables flexible home healthcare, mobilizing healthcare professionals nationwide – Uber for nurses (~2,900 nurses already on the platform and growing)
• The home healthcare market is projected to reach $340B USD by 2027 in the US alone. 
• Received "Companies to Watch" award as part of the 2023 Deloitte Technology Fast 50™ program.
• Q3 topline revenue of C$3.97M,  41% gross margin;  Eighth consecutive quarter of meaningful revenue growth
• On track for $16M CAD in topline revenue in 2023 and cash flow positive on a cash basis 
• Revenue buckets: high-margin annual subscription/nurse, fee for service provided, and markup on pharmacy order
• Recently added GLP-1 (Semaglutide) to product offering. Other products include IV Drips, NAD+, weight loss, aesthetics & fillers, Lab tests etc. 

Q3 2023 Financial Results: https://www.globenewswire.com/news-release/2023/11/21/2783663/0/en/Hydreight-Reports-Record-Revenue-in-Q3-2023.html
 
Year End Recap: https://www.globenewswire.com/en/news-release/2024/01/08/2805244/0/en/Hydreight-Provides-Year-End-Review-on-Significant-Growth-and-Progress.html