RE:RE:market capLarryBird wrote: I couldn't disagree more on the importance of Revenue as being the most important metric. HIRE, the other company that WELL's CEO is involved with, bought their revenue just like WELL. They had their Earnings yesterday. They bragged about their "revenue growth" but once you dig in you will see that other important metrics are non existent. HIRE has the exact same business model as WELL. ( buy companies in fragmented market ). It has failed miserably. Also if you take out the Non Tangibles and Trademark items out of their " assets" they have NOTHING left. But their CEO keeps bragging about Revnue growth. ANYONE can buy revnue. DOC.V did the same. How are they doing now ?
I had a quick skim over HIRE's Q1. Awful. The only thing growing is the working capital deficiency.
As I said in a past post here, I will be surprised if they don't become insolvent. Prime example of what happens when free flowing capital dries up.