Bullboard - Stock Discussion Forum WELL Health Technologies Corp WHTCF

Primary Symbol: T.WELL Alternate Symbol(s): T.WELL.DB

Healthcare

WELL Health Technologies Corp. is a practitioner-focused digital healthcare company. The Company develops technologies, services, and support available, which ensures healthcare providers are empowered to positively impact patient outcomes. Its business units include Canadian Patient Services, WELL Health USA Patient Services and SaaS and Technology Services. WELL Health USA Patient and... see more

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Comment by BudFoxx2020on May 19, 2023 10:11am

RE:RE:RE:RE:good deal

Lol Scamsetgrill is still fantasizing about me. Poor fraud is just filled with envy, seeing some one that loves the markets and can do what ever he wants with his time. While Scamsetfraud ...more

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Comment by Capharnaumon May 19, 2023 9:59am

RE:RE:In what world is this metric - something smells

They purchased it from a company that was in need of cash. From their financial statements, it seems the gross margin for their clinics is about 27%. It's possible that WELL can onboard them with ...more

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Post by BigTT13on May 19, 2023 9:48am

MCI Possibly Financial issues?

Not saying MCI does have issues, but based on a May 18th news release on their compny website they state the follow; "The Company was and is continuing to face financial challenges and liquidity ...more

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Comment by BudFoxx2020on May 19, 2023 9:45am

RE:RE:good deal

If you think I am making this up, once again just read the financials. I typed this up after reading through their Q, just forgot to post it. Lo and behold.... Their goodwill ...more

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Comment by BudFoxx2020on May 19, 2023 9:29am

RE:good deal

I hope common sense kicks in and people finally figure this model out. Their revenue is not growing, without aquisition, so they have to buy these little bankrupt companies then claim all their ...more

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Comment by Smokey1958on May 19, 2023 9:22am

RE:In what world is this metric - something smells

Not quite the same dynamics but when WELL purchased the clinics in BC in 2018 it was done at ~ $3.86 million with an expected revenue of $8.5 million. I suspect that the margins are low but with the ...more

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Comment by monty613on May 19, 2023 9:22am

RE:In what world is this metric - something smells

$10MM is the sales revenues, not the clinic's cashflow. they paid $2MM which is likely a low multiple of earnings or cashflow. the idea here is that WELL layers in their tech assets, expands ...more

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Comment by Noshortsallowedon May 19, 2023 9:21am

RE:In what world is this metric - something smells

If you look at this company they are experiencing losses. They just had to do a financing deal with a dodgey sounding lender.. Perhaps they have a tenuous debt situation and it's the only thing ...more

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Post by SunsetGrillon May 19, 2023 9:09am

In what world is this metric - something smells

What is the ecact metric here? where someone buys a businwss for 20% of cash flow? The answer is a money losing business - there is no other possible rational. This does not pass the initial smell ...more

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Post by speedy99on May 19, 2023 8:45am

good deal

2 million for 10 million in Revenues. As promised they are snapping up some great deals; these deals may seem small but will pay off for years to come.

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Post by PressReleaseon May 19, 2023 7:00am

New Press Release - WELL Health Expands Primary Care Network with Acquisition of MCI Onehealth's Alberta Clinical Operations

WELL Health is acquiring five multi-disciplinary primary care clinics based in Calgary, Alberta from MCI Onehealth.The five clinics include over 50 physicians and based on historical results, WELL expects the assets to contribute approximately $10M in revenue.WELL will pay $2.0 million, subject...read article.

Post by Possibleidiot01on May 17, 2023 3:17pm

PI Financial

WELL Health Technologies (TSE:WELL) had its price target raised by analysts at Pi Financial from C$7.50 to C$7.75. This represents a 67.0% upside from the current price of C$4.64.

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