Skylight Health Group Inc SLHGF

Healthcare Technology Cannabis

Skylight Health Group Inc. is a Canada-based healthcare services and technology company. The Company operates a Florida-based primary care health network comprised of physical practices providing a range of services from primary care, sub-specialty, allied health and laboratory/diagnostic testing. The Company is focused on helping small and independent practices shift from a traditional fee-for-service (FFS) model to value-based care (VBC) through tools, including proprietary technology, data analytics and infrastructure. The Company has two segments related to its medical services and software and corporate businesses, which also align with the two countries in which it operates, namely, United States and Canada. It provides a range of healthcare services, including primary and urgent care, sub-specialists, allied health and wellness, and laboratory/diagnostic testing.

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Skylight Health Group Inc > Analyst initiates a buy rating with a $8 USD price target

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Comment by lscfaon Aug 05, 2021 11:58am

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Post# 33655001

RE:RE:RE:RE:Analyst initiates a buy rating with a $8 USD price target

Price-to-sales multiple is a lousy valuation tool because some companies have more profitable sales than others. Better to value co.s based on profit multiples. Note the analyst forecasts losses for Skylight for 2021 and 2022.

lscfa wrote:

the peers are not proftiable so they are being valued on revenues with the crazyass assumption that they will be highly proftiable. When reality sets in valuations will come down.

Massarutti wrote:
Interesting! Can you pls develop the reasoning, as if I was a 5th grader. Thanks!