RE:RE:2022 Q1 forecast to be weakermonty613 wrote: that comment was specifically related to CRH Medical - Q4 is the busiest quarter and Q1 is the slowest. if you bring up CRH's last filed statements on SEDAR they actually break out the seasonality:
Seasonality is driven by both patient cases and seasonal payor mix. As a result, revenue per patient will fluctuate quarterly. The seasonality of patient cases for fiscal 2020 is provided below for organic patient cases; it excludes patient cases relating to acquisitions completed in 2020.
COVID-19 had the most significant impact on case volumes in the second quarter of 2020.
Q4 2020 31.8 %
Q3 2020 28.7 %
Q2 2020 13.8 %
Q1 2020 25.7 %
You are right that it started with CRH Medical, but they did expand and say that WELL in general had similar seasonality. I'm not a quarter by quarter investor (I look at longer outlook), so it doesn't really change anything for me, but I know it will be a bone to chew for the traders.