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Reliq Health Technologies Inc V.RHT.H

Alternate Symbol(s):  RQHTF

Reliq Health Technologies Inc. is a global healthcare technology company that specializes in developing virtual care solutions for the healthcare market. The Company’s iUGO Care platform supports care coordination and community-based virtual healthcare. iUGO Care allows complex patients to receive care at home, improving health outcomes, enhancing quality of life for patients and families and reducing the cost of care delivery. iUGO Care provides real-time access to remote patient monitoring data, allowing for timely interventions by the care team to prevent hospital readmissions and ER visits. The iUGO Care platform integrates wearables, sensors, voice technology and mobile apps and desktop user interfaces for patients, clinicians and healthcare administrators. The iUGO Care platform provides services, such as remote patient monitoring, chronic care management, principal care management, behavioral health integration, telemedicine, transitional care management, wound care, and others.


TSXV:RHT.H - Post by User

Comment by lscfaon Mar 01, 2022 8:49pm
195 Views
Post# 34473342

RE:Fins on sedar

RE:Fins on sedar

Piss poor transparency. Mgmt says hardware revenue is exaggerated b/c it contains some SAAS revenue and it is hard to break out for reporting. I say try harder.  Maybe they are being opaque for competitive reasons but it's easy to can calc a possible scenario of hardware being sold with 3 months subscription included.   


 

 

 

Dec 21

Sept 21

 device cost

413,709

325,710

Device rev 60% margin

1,034,273

814,275

Reported device rev

1,615,577

1,244,284

Difference is SAAS

581,305

430,009

No. of $100 devices

4,137

3,257

SAAS rev Per device

141

132

No. of $50 months

2.8

2.6

 

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