RE:RE:RE:RE:Cup and Handle Pattern 9 Million isn't much seeing a revenue of 500M.
Interest rates could raise 2-3% and I don't believe this will affect their bottom line in a massive amount of ways seeing as most of their tuck in aquisitions are being bought with cash on hand/stock.
My guess is to be around 11-15MM interest in 2022 (was $9MM in 2021) which sounds like a crazy large amount to normal people but it's not that bad, especially as they look at making a profit in 2022 and knowing in Canada that interest paid for credit loans in Canada is tax deductible. I don't think they have to worry to heavily on the rising interest rates.
On another note, the Ministry of Health in Canada raised the compensation for doctor's, particularly diagnostic services so I'm surprised that WELL Health hasn't made a news annoucement of this meaning that they will be paid more money from OHIP for any services given.
I'm very neutral about WELL, I bought a lot of my shares at $0.58 so I feel good about my position, however I don't think it should be getting the heat it gets sometimes from some people who focus on the bad parts but I do agree some people only focus on the good parts, if you look at WELL as a whole, it's set up to be sold in the future and this is what I'm waiting for, they have services that can easily be grown, now that they own large clinic networks they can open or add single clinics here and there at tiny bits of money allowing them to add clinics where and when they want without large noticable costs.
Their Technology side is still a bit confusing, with their EMR, Security, and other app based aquisitions so I can't comment on that side of things.