Reliq Health Technologies Inc V.RHT

What is your Q4 Revenue Guesstimate?

[NobleFr]

There are no analyst estimates for Reliq as it is too much of a small cap so let's make our own estimates for the three month period ending June 30th.

Knowing Q3 revenue was 457,077$, my estimate for Q4 would be 460,000$.  This would represent flat onboarding as the healtcare system was paralyzed during Q4 because of Covid-19.

I would like to hear your guess. I will compile them at the end to see who's the closest.

[rex50]

My Q4 revenue estimate is $479000.

[happy12345]

I go out on a lim $600.000

[Aei773ou]

Guesstimates missing the sp after Q4 is meaningless. Besides another month later it is due for Q1 2021 which covers July - September 2020, is all the more telling the true story. I did mine with very detail in September under “My Expectations” series with about 5% growth in revenue. No change in opinion as of today. In the webinar can they resume guidance and the disclosure of contract status is

[NobleFr]

Party pooper. We'll do another guesstimate for Q1 2021 when time comes.

[Breizh1]

My estimate is 500K for Q4-20

[teeswater]

$647,000

[ashford]

  I think a full double with them hiring 13 people in Q3 so Im in at 950 k  gltal ashford

[FanofRHT]

$475.000

[5hcax]

$1 125 000   

[NobleFr]

So far so good: 5hcax 1125000 ashford 950000 teeswater 647000 happy12345 600000 breizh1 500000 rex50 479000 fanofrht 475000 noblefr 460000

[Hiddensecrets]

Put mine at $ 2,325,000 MPO

[ashford]

 Ka-ching I hope your right hiddensecrets. gltal

[knicksman]

I would guess about $600k. Also, I'm hoping for gross profits to increase >50%. That would give us an indication that the mix has improved versus last quarter; the higher the more saas (and less device sales).  The more interesting guess will be what they will say for guidance.  I think they'll provide a revenue range for Q1 and Q2.  Q1: $1.2m-$1.4m Q2: $1.8m-$2.5m Q1

[TicTacTo]

problem is not number but lack of trust in management promise, potential is huge on paper but nothing will happen before market convince company is on the right track.

[aspen865]

This post has been removed in accordance with Community Policy

[DonnieAzoff12]

725,000

[JackBauer]

Minimum $1 050 000.  Sky is the limit though.  It all depends how much covid hindered their ability to onboard.  They have access to over 500 000 patients, but a good deal depends on Foracare being able to provide units for those that need them. You have to keep in mind that not all patients require the same devices.  They also launched their care centre in Florida.  One

[NobleFr]

Money will be made.

[FanofRHT]

NobleFr - Not only by new investors in Reliq I hope?

[NobleFr]

For me this is a binary outcome: they either succeed to onboard their signed contracts or this company is a scam and is engaged in criminal activity. I see the first outcome as more probable. So the stock either goes to 200m+ revenues and 10$+/share based on a 10x revenue market cap valuation of 2B or it goes to 0$. Which means everybody who bought now or before will make money if this goes to

[TicTacTo]

Money could be made but still highly uncertain, when reading various PR it is so confuse on what to expect for Q4/Q1

[NobleFr]

I don't expect much from Q4 since they said they refocused their efforts where their clients are still able to onboard because the healthcare system was paralyzed by covid during q4 in Florida-Texas. I don't know what to expect from Q1 but I think it will be much better than Q4.

[TicTacTo]

Even with Covid slower onboarding should not mean zero and not a justification for no revenue increase in Q4, claim in some PR that some contracts want to accelerate onboarding due to Covid ... Livango revenue jump from $69 to $91 millions from 1Q to 2Q CY20 ... Signed a lot of contracts but market valorize them at ZERO, like considering company a ponzi scheme, futur will tell truth. Kept

[NobleFr]

Financials are released tonight: hiddensecrets 2325000 5hcax 1125000 jackbauer 1050000 ashford 950000 donnieazoff12 725000 teeswater 647000 happy12345 600000 breizh1 500000 knicksman 500000

[happy12345]

Lets hope hiddensecrets is right

[siacagas]

550000

[rankininlet]

Lisa has tended to disappoint.  April to June was not business activity friendly in Florida or Texas.  I think sales went down q to q and a/r stayed the same.  My revenue number is 390k.  Not that it matters, end of June was 5 months ago.  CASH is king.  Lisa and team ran out of lunch milk money to put into the Kittie hence equity raise.  Equity raise tells us

[aaaaaargh]

512,345

[NobleFr]

Financials are out. Revenue for Q4 was 476,763$. The winner is fanofrht who guessed 475k!

[lscfa]

Auditors corrected theses mofos again. I guess we can rely on unaudited results any more.   9 month revenues = $1,131,259  12 month revenues = $1,143,027  

[lscfa]

Should read: can't rely.  

[lscfa]

  Qtr ending Original Revised Jun 20     Mar 20 457,077 457,077 Dec 19 400,823 85,420 Sept 19 273,359

[lscfa]

MDA shows where discrepancy exists. The idiots included sales proceeds from devices in revenues. So they double counted cash flow because they included the device proceeds in cash flow from operations as well as cash flow from investing activities. The CFO should be fired and the Interim financials revised.   

[lscfa]

I guess they did fire the CFO.... march 19, 2020 Reliq is also pleased to announce that the Company has hired Mr. Matthew Lee as Reliq’s new Chief Financial Officer. Mr. Lee has worked extensively with Canadian companies doing business in the US, and his skill set and network of US tax and accounting professionals will be invaluable to support the anticipated rapid growth of Reliq’s US business

[poliden]

This post has been removed in accordance with Community Policy

[NobleFr]

I just saw annual audited financials numbers are expressed in US dollars and unaudited are expressed in canadian dollars.  Management MD&A is in canadian dollars also. This is why numbers don't add up ;). I also had an heart attack too.

[NobleFr]

Nevermind it's in canadian dollars.