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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Reliq Health Technologies Inc > Which of the 2 opinions ?

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Post by Mongooseon Jul 28, 2021 4:53pm

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Post# 33618126

Which of the 2 opinions ?

The press release says "We are very excited to have achieved our target revenue run rate for the end of June 2021 of $1.5 Million per quarter which equates to profitability,” said Dr. Lisa Crossley, CEO of Reliq Health Technologies, Inc. “The current quarter (ending September 30, 2021) will be our first full profitable quarter - a major milestone for Reliq. " .

Does that mean that :

1) they hit $0.5M / mth in Jun. Apr to Jun Q results will be less than $1.5M. Next Q ( Jun - Sept ) will be at least $1.5M or more
2) they hit $1.5M for the April to Jun Q.

I feel that (1) is right.

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