Reliq Health Technologies Inc V.RHT

Alternate Symbol(s): RQHTF

Healthcare Medical Devices

Reliq Health Technologies Inc. is a Canada-based global healthcare technology company that specializes in developing virtual care solutions. The Company's target markets include virtual care, long-term care and big data. iUGO Care, the Company's platform, is a software as a service solution that supports care coordination and community-based healthcare. The iUGO Care platform integrates wearables, sensors, voice technology and mobile apps and desktop user interfaces for patients, clinicians and healthcare administrators. The iUGO Care platform provides services, such as remote patient monitoring, chronic care management, principal care management, behavioral health integration, telemedicine, transitional care management, remote therapeutic monitoring and wound care. Its behavioral health integration service supports patients with any mental, behavioral, or psychiatric health diagnoses by integrating mental health, psychiatric care, counseling, and addiction services with primary care.

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Reliq Health Technologies Inc > No prelim no.s this quarter

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Comment by theinvestor22on Mar 07, 2022 1:58pm

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Post# 34491550

RE:No prelim no.s this quarter

Since, at this point, the delay in billing after onboarding is obvious, no one should be expecting $6M SaaS revenue in FQ3. Therefore, something less can't be a disappointment, by definition. Of course, logic won't stop emotions...

lscfa wrote:
Co's continual boasting of $2 million/month run rate at Dec 31/21 would suggest at least $6 million for Jan /Feb/Mar but that is BS due to 60 to 90 delayed billing. Thus co. can't pre-announce qtr without disappointing.

Oct. 29, 2021 -- Reliq is pleased to provide a preliminary update on Sales for Q1 FY 2022 (quarter ending September 30, 2021). We will file our unaudited quarterly financial statements for the quarter ending September 30, 2021 (Q1 FY 2022) on or before November 29, 2021,” said Dr. Lisa Crossley, CEO of Reliq Health Technologies, Inc. “The preliminary sales figures for Q1 FY 2022 show that revenues have almost tripled, exceeding $1.5 Million total for the quarter."