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Reliq Health Technologies Inc V.RHT

Alternate Symbol(s):  RQHTF

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.


TSXV:RHT - Post by User

Post by theinvestor22on Nov 30, 2022 12:32pm
155 Views
Post# 35140110

A/R

A/RFrom the back of my envelope, say $11M of that $13M A/R is for devices.  (Or so.  Don't shoot the messenger.)  So, assuming a maximum of 8 quarters to pay, they should be able to receive at least $1.25M from that source in Q2, plus say at least another 1.0M from SaaS revenue.  That's probably double what they need to cover their cash flow loss from ops just reported in Q1.

Easy peasy, if they put their backs to the wheel.
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