Reliq Health Technologies Inc V.RHT

Lisa on Stonecastle luncheon

[azzypayyan]

I think i heard her say "we well over tripled revenue for quarter ending September from last quarter". Anybody else hear that?

[azzypayyan]

she also said they will upgrade guidance for 2022 at the end of november when they release Q1 financials.

[theinvestor22]

This was one of the very few events I have missed.   I'll catch the replay, if they put one up.  According to a respected poster on CEO.ca, here's what she said: "All of the growth for our company has come in the second half of the year. And we more than doubled, I think almost tripled, the revenue for the quarter ending Sept 30th versus the quarter ending June 30th

[babedinkleman]

This post has been removed in accordance with Community Policy

[lscfa]

It means calender Q3 is lighter and calender Q4 is heavier than I tthought....     2021 Revenue Quarterly Rev Jan/feb/mar 441,985 441,985 April 150,000   May 250

[aaaaaargh]

Don't forget one time payment of $500,000 USD for most of the remaining hardware in Sept....

[Mongoose]

We have similar expectations but like I posted in Sept, I'm still expecting $1M in calendar Q2, $3M in Q3 and $6.5M in Q4. In my opinion, these numbers are already back ended enough. Hate to see her put even more emphasis on Q3 and especially Q4 to pull the rabbit out of the hat.

[azzypayyan]

I think we'll get the Q4 numbers out tomorrow after hours together with the Q1 update.

[lscfa]

We better because Oct 28 is the deadline.    

[EdinColorado]

Just "Show me the rabbit." 

[azzypayyan]

If we work backwards from what's been said, i think we can get the MINIMUM revs for Q4 and Q1: - profitable Q1, which would mean at least $1.5m rev - doubled, almost tripled Q4 revenue in Q1. so if we go with 2.75x as being "almost tripled", it would mean $550k in Q4.

[3burtc]

Q4 is erelavent, actually what's really interesting is what the data's worth to the company. BILLIONS IN REVENUES IN THE NEXT 24 MONTHS! From Lisa's interview. $200 - $300/share? Maybe more?

[windywolf]

Just missed with my 1.11 bid. Markets look shaky with the banks in panic mode. I think ill just sit back for now. And wait and see, as time always tells.

[3burtc]

Playing the fear card are we? Good luck buddy.

[lscfa]

Q4 is where we learn if these bozos ever collected on accounts receivable.... "As previously disclosed, the Company has extended payment terms for clients who were affected by COVID. As the vaccine is now available and clients are beginning to return to normal operations, the Company expects to collect, in full, any outstanding payables that were deferred due to COVID by the end of June 30

[3burtc]

Nonsense, ica the guard dog is barking again.Bark bark, don't buy the stock, bark bark. The stock is going higher, but don't buy the stock bark bark. Ica the guard dog knows the stock's going higher bark bark.

[Humanist]

Hey iscfa any particular fears, expectations or any thoughts of the upcoming earning?.. fingers crossed.. they'll be good if not great! gl

[lscfa]

Could be a kitchen sink qtr with lots of write-offs. Remember this...      

[Humanist]

I guess there were lots of promises in the past few mths now we're here, but the hype seems to be dying.. I want to believe everything thy're saying but they've failed few tiems already to deliver. so i am hodling my breath to at min, hold where we are, and at best deliver at teast on some promises if not all. 

[lscfa]

Best way to thwart a lousy qtr or year is to preannounce the next qtr results at the same time. Works better than doing 20 investor presentations. e.g. revenues for the fiscal year ended June 30, 2021 were $2 million. Revenues for the quarter ending September 30, 2021 have already surpassed the revenues for the entire fiscal 2021 year.   

[Humanist]

agreed! it instill confidence and give investors hope to look forward to expectaitons etc.. i think they're affriad to do that still at this point bc thyeve failed few times. so theyre being cautious  at least these are my 2 cents lol

[Ducksoup000001]

Summing up my two posts - October 20 & 25 : For Q4 I expect revenue for SaaS to be around CAD 750,000 (assuming backlog receivables about 3/4 collected) and will be very disappointed at less than CAD 600,000. 

[watch22]

collecting receivables has no impact on revenue.   Those revenues were already recognized in prior periods.

[Canadian_101]

Has not that been the way for the past 4 years ????, I am expecting xyz number of onboards which will create zxy revenue,  then reporting time its always, oh goodness due to this and that, the rain, the clouds, the smoke, the floods.......we just did not get to the goal we expected, but, wait next quarter we will........its been a great stock to short and flip in the past 2 years, untill they