TSXV:RHT.H - Post by User
Comment by
aaaaaarghon Mar 31, 2022 4:27pm
158 Views
Post# 34564546
RE:Blast (of BS) from the past
RE:Blast (of BS) from the pastI forgot that they actually had coverage at one point !!!! Remember these forecasts? "FORECASTS: We are forecasting revenue of $4.8M in FY18, $26.2M in FY19, and $48.3M in FY20 with Adj. EBITDA of ($1.3M) in FY18, $9.3M in FY19 and $26.0M in FY20."
It's why so many people started following this company in 2018. It seems like we are at the same point in the growth phase but 4 years later.....
lscfa wrote: From PI Financial report:
As it relates to margins, Management believes that they should be able to generate gross and Adj. EBITDA margins in excess of 80% once they hit full deployment with their existing customers (i.e., just over 60K patients; we expect to hit this level in mid-FY20).
The gross margin target is reasonable (we are forecasting gross margins in the mid-80% range in mid-FY20), assuming no hardware sales (which have gross margins well below iUGO Care licensing revenues) and minimal professional services revenue (also carry much lower gross margins).
However, we believe the Adj. EBITDA margin target is very aggressive. We are forecasting Adj. EBITDA margins in the low-50% range once RHT hits full deployment with their existing customers, compared to the guided +80% range.
https://themoneynarrative.files.wordpress.com/2018/06/pi-financial-rht-v-initial-report-june-26-2018.pdf