Reliq Health Technologies Inc V.RHT

Financials out

[trade2win2]

Think it's going to be a tough day tomorrow

[lscfa]

Scumbag mgmt will not break out revenues between SAAS and device sales so we must guess.  It helps them mask the lack of progress in SAAS. I think Reliq and its clients are realizing that as onboarding patients it one thing but retention is another.       Qtr ending Mar 21 Dec 20 Sept 20

[lscfa]

Corrected text....I think Reliq and its clients are realizing that onboarding patients is one thing but retention is another.    

[lscfa]

  Qtr ending R&D Salaries Mgmt/consult. fees Office/admin Advert/promo Professional fees Stock comp Transfer agent Amort/accretion Total - stk comp & amort

[lscfa]

So what carrot will mgmt stick in tomorrow's NR?  That co. still expects to do $11 million is sales for calander 2021? Or maybe it has raised the revenue for 2022 beyond $32 million.

[theinvestor22]

This is a very good point.  They're going to have to say something...

[theinvestor22]

Maybe I was expecting too much out of the last of the big covid quarters...

[lscfa]

QIPT, VMD had merger growth in calender Q1 due to re-emergence of Covid. March is when things picked up again.   

[lscfa]

Meager....

[theinvestor22]

Thanks, lscfa.

[theinvestor22]

A friend pointed out to me that A/R deferrals were happening all over his rather diverse portfolio in calendar Q1.  Also, re revenue, he added that exchange rates have hurt many of his companies.  I took a quick look and it seems the sequential revenue increase (this Q over the immediately preceeding Q) would have been closer to 9% pre forex change. Some comfort, I suppose.  The