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Reliq Health Technologies Inc V.RHT.H

Alternate Symbol(s):  RQHTF

Reliq Health Technologies Inc. is a global healthcare technology company that specializes in developing virtual care solutions for the healthcare market. The Company’s iUGO Care platform supports care coordination and community-based virtual healthcare. iUGO Care allows complex patients to receive care at home, improving health outcomes, enhancing quality of life for patients and families and reducing the cost of care delivery. iUGO Care provides real-time access to remote patient monitoring data, allowing for timely interventions by the care team to prevent hospital readmissions and ER visits. The iUGO Care platform integrates wearables, sensors, voice technology and mobile apps and desktop user interfaces for patients, clinicians and healthcare administrators. The iUGO Care platform provides services, such as remote patient monitoring, chronic care management, principal care management, behavioral health integration, telemedicine, transitional care management, wound care, and others.


TSXV:RHT.H - Post by User

Post by Cowtownskieron Apr 12, 2018 5:18pm
217 Views
Post# 27876170

March 31, 2018 Quarterly

March 31, 2018 QuarterlyI believe there have been a couple posts previously on this but wanted to throw some numbers out and see if I am missing anything.  RHT has had clients of 8000 in January up to 12,000 in March which would give revenues of $1.5mm.  At a 80% gross margin would give $1.2mm before SG&A.  Last quarterly they had $1.55mm of SG&A which included $430k of R&D as well as $185k of share based payments.  My assumptions are that R&D likely goes down in March 31, 2018 but share based payments goes up by an equal amount.  I like simple math.  So in the end, I am assuming that they end of posting an accounting loss of ~$350k.  Am i missing anything?

Still long.  GLTA
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