Vitalhub Corp T.VHI

Alternate Symbol(s): VHIBF

Healthcare Medical Devices

VitalHub Corp. is a software company. It offers software for health and human service providers designed to simplify the user experience and optimize outcomes. It offers a comprehensive suite of software-as-a-service solutions, which include electronic health record (EHR), case management, care coordination, and optimization; patient flow, operational visibility, and patient journey optimization; and workforce automation and compliance. Its solutions include Alamac, Beautiful Information, Hicom, Intouch with Health, MCAP, Oculys, SHREWD, Synopsis, B Care, CaseWORKS, Pirouette, S12 Solutions, OrderWise and TREAT. Its clients include hospitals, regional health authorities, mental health and addictions services providers for children and adults, long-term care facilities, correctional services, and community and social services providers. It also offers transitions of care technology internationally. It serves clients across Canada, the USA, the UK, Australia, the Middle East, and Europe.

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Vitalhub Corp

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Comment by Foreignon Jul 17, 2018 1:21pm

53 Views

Post# 28327810

RE:RE:RE:RE:RE:RE:Another Sale

If you look at their recent MD&A, they stated that "Recurring revenue is defined as annual renewable software licence fees and maintenance services.

Apologies, i'm looking at it from a quarterly standpoint.

Let's say their definition is true (Page 15 of MD&A):

Term licenses, maintenance and support: $931k
Perpetual licenses: $1,722k
Services and other: $269k

Total revenue: $2,923K

($931K+ $269K) / $2,923K = 41%

Am i missing anything here/calculating it wrong? If you go to the annual financials, it is about 65%. But short term, i'm seeing it as 41%

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