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.

TSXV:RHT.H - Post by User

Reliq Health Technologies Inc > Question for the longs

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Comment by theinvestor22on Jul 22, 2021 3:01pm

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Post# 33591037

RE:RE:RE:RE:Question for the longs

I think you have to be careful when comparing companies. The 2 you mentioned have lower gross margins (and possibly higher expenses) and will need a lot more revenue just to get to break even. Best to compare RHT against other SaaS companies. That's where you'll see the big P/Rev multiples, and justifiably so.

watch22 wrote: I'm holding... and would be a seller north of a dollar.

I have zero idea where you get your ideas on value though.

I don't have much in the way of comparables:
- QIPT - home health monitoring (trades TSXv and Nasdaq). Market cap of $250m - last quarter revenue of $25m... so 2.5x revenue
- DOC - cloudMD. Market cap of $450m - run rate of revenue (post last acquisition) of $140 million... so ~3x revenue

RHT can get north of a dollar... but they need to get to $100m of revenue... all possible if some of these customer conversions start rolling in.

We wait and see...

and we listen to the complainers complain!