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HS Govtech Solutions Inc HDSLF

HS Govtech Solutions Inc. is a Canada-based software-as-a-service company. The Company's principal business activity is the development and sale of information and communication management systems for health inspection departments of federal, provincial, state, and municipal governments in Canada and the United States of America. The Company is focused on providing an efficient data and workflow management platform. Its platforms provide inspection, information, communication, and data management systems that enable government agencies to operate more efficiently. Its cloud and mobile-based platforms are deployed in approximately 800 state and local government organizations across North America. Its solutions include environment health, code enforcement/ fire & safety, virtual inspections, payment processing and more. The Company also delivers government grade technologies to private businesses through its My Health Department platform.


OTCQB:HDSLF - Post by User

Post by waves1on Aug 31, 2021 4:41pm
123 Views
Post# 33789549

HealthSpace Update From CEO

HealthSpace Update From CEO

HealthSpace Data Systems Ltd. ($HS.CN , $HDSLF) is the leading provider of SaaS applications for government with its core mission aiming to help make government more efficient.

 

Notable services include:

  • HSCloud, a fully configurable cloud platform for government agency data management
  • HSPay, a mobile and online payment platform for government revenue collection

 

Their CEO announced their highlights for the end of August which are:

  • Current contracted ARR US$4.38M with an additional $0.33M in awarded bids and anticipated $600-700K by year end
  • US$8M gross contract revenue signed or awarded from Jan 1 - Aug 31 2021, an increase in 78% from 2020
  • Successfully launched GovCall resulting in increases of up to 20% in ARR

 

$HS has increased the size of their sales and business development team three fold over the course of the past year and is trading at $1.06 CAD with a MC of $38.52M

 

News Article: https://www.newswire.ca/news-releases/healthspace-presents-an-update-from-its-chief-executive-officer-842712612.html


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