Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 lscfaon Jan 09, 2024 12:21am
187 Views
Post# 35816785

More dubious accounting

More dubious accountingNRs have stated for quite awhile that gross margins for SAAS will be 75%, recently reduced to 70%. So why did Q1,Q2,Q3 have much higher margins? And why the volatility from q to q? 



 

Qtr ending

Mar 23

Dec 22

Sept 22

SAAS rev

1,804,891

1,727,817

1,422,671

device rev - returns

2,936,146

2,390,707

2,049,566

Total revenues

4,741,037

4,118,524

3,472,237

SAAS cost

153,447

413,749

142,292

 device cost

1,385,863

1,142,846

1,155,350

Total costs

1,539,310

1,556,595

1,297,642

Gross profit 

3,201,727

2,561,929

2,174,595

SAAS margin

91.5%

76.1%

90.0%

device margin

52.8%

52.2%

43.6%

Total margin

67.5%

62.2%

62.6%

 

<< Previous
Bullboard Posts
Next >>