Reliq Health Technologies Inc V.RHT

Understanding RECURRING revenue business model

[Hiddensecrets]

Shareholders have not understand how the recurring revenue model works for Reliq.  

The key to growth is not to service one patient for life BUT to ensure that when there is a patient who needs telehealth services, that they use the iUgo Care Platform.

For example, the nurses facilities service 50,000 patients a year.    

The correct thinking is that we will have 50,000 patients as a base that recurs every year.   Not because it is the same patient but because the patients use iUgo Care Platform and 50,000 patients is the number the nurses facilities service each year.

The growth for iUgo occurs when you sign new partners whom bring in their own network of patients.

So instead of thinking that we service 1 patient for life, we need to think of we service 550,000 patients that are members of our partners, some will come some will go, but yearly it is 550,000 patients.  That is the base.

Now you want to grow, so you add more partners who bring in millions more patients OR, you expand your services to include other products. 

Eventually you want to reach a point where you have 100 million patients.    That means some come, some go, but number will stay at 100 million as recurring income on a yearly basis. 

That is how you grow.

MPO

[TicTacTo]

Pure vaporware, there is NO SaaS revenue, $300,000 for FY20 is almost zero in the field. Market do not buy Reliq CEO story, 550,000 pipeline is valorized at nothing. Next week will tell if finally able to generate real business, still highly risky.

[lscfa]

If the 50,000 patients in your scenario have to pay $8, $20 per month for telehealth then there will never be 100% adoption. Maybe that is why IR mentioned that the no.s Reliq quote are 50% of real patient population.     

[BuyorSell77]

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[BuyorSeIl77]

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[BuyorSeIl77]

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[Hiddensecrets]

Yes you are correct in your interpretation.   It is unrealistic to assume that if a telehealth provider services 50,000 patients per year, that all of them will be put on the iUgo Care platform. So assuming a 50% adoption that means 25,000 patients.   This does not mean that it is these same 25,000 patients for life.  It means that this year we service 25,000 patients

[TicTacTo]

Why do you waist time to analyze business model ? With $300,000 SaaS revenue in FY20 ... there is NO business yet. Made less money than a food truck in SaaS. Let's see coming weeks if real business materialized or not.

[BushWeedUp100]

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