RE:quarterly revenuesspeedy99 wrote:
Q1 revenues were 20.06 million dollars. Q2 Revenues were 49.87 million dollars. We will have Q3 Revenues in about one month. That is what I am interested in more than anything, and certainly more than speculative chart patterns. With the acquisitions and the huge increases in revenues, the company is transforming itself.
agreed speedy99.
this is exactly what will right the ship - the market needs to see actual financials proving out WELL's acquisitions. that's worth far more than WELL just saying what their revenue run-rate is.
Q3 will include a full quarter of CRH and almost a full quarter of MyHealth (closed July 15th). Q4 will include WISP plus the new CRH acquisitions (a few million in bolted on EBITDA!). WELL's sequential growth is huge and I think the market will react well.
the price action lately is based on systemic market factors, not company specific news, which gives me some comfort.
the $500MM shelf prospectus opens the door to a monster acquisition, or merger, and I think this is a real wildcard in WELL's growth plans. we could all wake up one day to see company changing acquisition news, supported by a share offering of this magnitude.