Reliq Health Technologies Inc V.RHT.H

Alternate Symbol(s): RQHTF

Healthcare Medical Devices

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.

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Comment by lscfaon Feb 19, 2021 9:05pm

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Post# 32617053

RE:RE:some more

My guess for Dec qtr. IR told me that SAAS costs have not been allocated to costs of revenue because they are not yet material but I think they are hiding weak SAAS revenues with equipment sales.

	Estimate	Fiscal 2021		Restated	Restated	Restated	Audited
Qtr ending	Dec 20	Sept 20	Jun 20	Mar 20	Dec 19	Sept 19	Total F2020
SAAS rev	150,000	100,129	0	32,665	85,420	166,284	284,369
Device rev	300,000	100,773	434,246	424,412	0	0	858,658
Total rev	450,000	200,902	434,246	457,077	85,420	166,284	1,143,027
SAAS cost	0	0	0	0	0	0	0
device cost	300,000	113,684	489,882	478,789	0	0	968,671
Gross margin	150,000	87,218	(55,636)	(21,712)	85,420	166,284	174,356