$HS - HealthSpace Hitting the Buy Zone HealthSpace is becoming more attractive by the day as the SP continues to drop. Only a market cap of $37M here at $1.01 per share. For those who don't know, $HS provides SaaS programs for government agencies easing the strain caused by data management, industry compliance, payments, and communication through their 5 main applications.
- HSCloud: A cloud platform for government agency data management (easily configurable depending on specific needs)
- HSTouch: An application to allow field inspections anywhere, even offline
- MyHD: Public portal for licensing, bill payment, and complaint submission
- HSPay: A payment platform for governments to receive revenue digitally without the hassle of in-person payments
- GovCall: An interactive communication platform
They're an all-in-one solution to problems that many government agencies face, an outdated system—over 600 local and state-level customers with a near 100% client retention rate.
With annual recurring revenues in addition to fees collected from their HSPay platform (0.5%-1% of all transactions), the company is improving financially. As they secure more contracts with new government agencies in the future, that only adds to the ever-growing client list. Overall, $HS is undervalued, with their unique product offerings in addition to new contracts being signed nearly every quarter; things are looking good for the future.