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HS Govtech Solutions Inc HDSLF

HS Govtech Solutions Inc. is a Canada-based software-as-a-service company. The Company's principal business activity is the development and sale of information and communication management systems for health inspection departments of federal, provincial, state, and municipal governments in Canada and the United States of America. The Company is focused on providing an efficient data and workflow management platform. Its platforms provide inspection, information, communication, and data management systems that enable government agencies to operate more efficiently. Its cloud and mobile-based platforms are deployed in approximately 800 state and local government organizations across North America. Its solutions include environment health, code enforcement/ fire & safety, virtual inspections, payment processing and more. The Company also delivers government grade technologies to private businesses through its My Health Department platform.


OTCQB:HDSLF - Post by User

Bullboard Posts
Post by jamjam12on Oct 31, 2018 9:37pm
202 Views
Post# 28905519

Financial ...

Financial ...not as bad as it looks ...

talked to the company here is the math each lic cost 75 to 150 / month we are talking about 1100 user ... dont know the actual number but if we assume 75 / user its 75*1100*12*5= 5 mil

so in april q end they were 450k negative which is around 1.8 mil / yr loss if this one brings 1 mil and last one 700k (April 3.5 mil) = 1.7 mil * 1.3= 2.2 mil we should be very close to cash flow positive or positive

Another one contract they will be making money... not bad for a 8 mil mcap company
Bullboard Posts