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WELL Health Technologies Corp T.WELL

Alternate Symbol(s):  WHTCF | T.WELL.DB

WELL Health Technologies Corp. is a practitioner-focused digital healthcare company. The Company develops technologies, services, and support available, which ensures healthcare providers are empowered to positively impact patient outcomes. Its business units include Canadian Patient Services, WELL Health USA Patient Services and SaaS and Technology Services. WELL Health USA Patient and Provider Services includes Primary Circle Medical, Primary WISP, Specialized CRH Medical, and Specialized Provider Staffing. Its healthcare and digital platform includes front and back-office management software applications that help physicians run and secure their practices. Its focused markets include the gastrointestinal market, women's health, primary care and mental health. Its solutions enable 34,000 healthcare providers between the United States and Canada and power owned and operated healthcare’s in Canada with 165 clinics supporting primary care, specialized care and diagnostic services.


TSX:WELL - Post by User

Comment by speedy99on Dec 20, 2021 12:30pm
255 Views
Post# 34247238

RE:RE:RE:RE:RE:It’s time for a turnaround!

RE:RE:RE:RE:RE:It’s time for a turnaround!
I agree with those comments.  It seems to me that the kind of detailed analysis being presented, while interesting, is very difficult to impose on an early stage growth company.  I think we just need to be assured that we are headed in the right direction, so that we know at some point we will be profitable, and that the growth will continue.  Growing revenues is the way to capture that in my view.   We went from a price to sales ratio of 20, not long ago, to 5 currently.   Not impressive maybe if compared to all other stocks on the TSE, but certainly better than the category of telehealth stocks we are often lumped in with.  But the main point is that with growing revenues, especially organic growth, those numbers come down and the price to sales ratio will become lower,  2022 will be our last year of being unprofitable, and then we will be talking about a price/earnings ratio.   In the meantime, people, we are scaling our business.   This is not Walmart.  Its an early stage growth company.  Focus on increasing revenues.
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