RE:855 859-2056Revisting the financials as they said one time costs affected this Q. All numbers in CAD based on 1.25 CAD to USD for Rev Per Subscriber.
Considering the mess up in financials as well as the markets overall bad day it performed well. These halts are also showing there are some black boxes that are tagging this stock. Making this more of an accumulation process which will be shown on the chart later.
Its quite the story. I have a mother in a home and has a care provider come everyday morning and night to get her dressed and cleaned. The numbers for this are simply huge now. And then tag on I have 5 siblings all on the way towards being elderly and now retired. The market for this service will grow 4 to 6 fold over the next decade.
| RELIQ HEALTH PROJECTIONS | | | | | |
| Expressed in CAD | | 2018 | 2019 | 2020 | 2021 |
| SUBSCRIBERS | | 30,000 | 60,000 | 125,000 | 250,000 |
| REV PER SUB | | 750 | 750 | 750 | 750 |
| REVENUE | | 22,500,000 | 45,000,000 | 93,750,000 | 187,500,000 |
| | | | | | |
| GM 85% | | 19,125,000 | 38,250,000 | 79,687,500 | 159,375,000 |
| EXPENSES | | 4,500,000 | 4,500,000 | 6,000,000 | 8,000,000 |
| NIBT | | 14,625,000 | 33,750,000 | 73,687,500 | 151,375,000 |
| Tax 25% | 0.25 | | | 18,421,875 | 37,843,750 |
| NIAT | | 14,625,000 | 33,750,000 | 55,265,625 | 113,531,250 |
| | | | | | |
| Op Margin | | 65% | 75% | 59% | 61% |
| EBITDA | | 65.0% | 75.0% | 78.6% | 80.7% |
| SHARES | | 131,000,000 | 131,000,000 | 131,000,000 | 131,000,000 |
| EPS | | $ 0.11 | $ 0.26 | $ 0.42 | $ 0.87 |
| Earnings Growth | | | 231% | 164% | 205% |
| PE 20 | | $ 2.23 | $ 5.15 | $ 8.44 | $ 17.33 |