TSXV:RHT.H - Post by User
Post by
ryang999on Jun 26, 2021 11:38am
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Post# 33456036
major talking points
major talking points
As June 2021 comes to end, let's pay attention to the below promises made the management
1. Breakeven/profitiabilty by end of June 2021 or Q4 ( Fiscal year end)
2. aprox. 11 mm CAD sales revenue for calendar year 2021. Jan -Mar revenue was 440K, so 10.5 mm revenue is expected in Apr-Dec 2021. Assuming the majority revenue will be booked in the 2nd half of 2021, 15/30/55% split for June, Sep, and Dec quarters, that would result in a 1.5mm revenue for June quarter end ( anything less than that would put the promised 11mm sales in great danger)
3. Min. 30K fee paying patients by end of 2021. Based on 440K sales in Jan - Mar and assuming all was SaaS revenue and 40 dollars per patient per month, that would put their patient count in 3000 - 4000 range at the end of March 2021, which means they need to onboard 26K paying patients between April and December 2021, or on average 3k new patients every month. I would expect they at least have a patient count of 8k by the end of June, anything less than that is a deal breaker and it would put their 30K yearr end target in great doubt.
4. uplisting to TSX this year
5. at least 2mm monthly run rate for 2022
6. onboarding 200k patients in the next 18-24 months
5. preparation for NAZDAQ listing early 2022