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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 aaaaaarghon Dec 05, 2022 4:17pm
244 Views
Post# 35151913

stuff

stuffThe answer given to the money narrative...“The Company has received payments from customers every quarter over the past year. Investor Relations has received many inquiries on payments based on subtracting sales from the account receivables to determine the payments that have been made. That estimation will not be accurate as there are a number of items in receivables that are not included in the revenue line, such as taxes. In addition the receivables will change as the exchange rate changes as all sales are currently in USD. The change in receivables will always be larger than the exchange rate impact in the financials since the exchange rate change is the difference between the change in receivables and payables. Reliq is collecting payments from customers every quarter according to the payment terms and will continue to monitor payments closely. Payments are expected to continue to increase each quarter going forward.” https://themoneynarrative.wordpress.com/2022/11/30/reliq-health-technologies-rht-v-thoughts-on-the-q1-fy2023-financials/#more-3756
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