Reliq Health Technologies Inc V.RHT.H

Alternate Symbol(s): RQHTF

Healthcare Medical Devices

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

Reliq Health Technologies Inc > $6M+?

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Comment by lscfaon May 31, 2022 8:40pm

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RE:$6M+?

Revenue run rate is a bogus metric in Reliq's case because it is equal to the potential revenue that current onboarded patients will generate in the future. Actual revenue starts 90 days after the patient is onboarded and if the patient remains compliant and billable.

cpac wrote: This is not bashing, but I'm not understanding why revenues weren't $6m+ when CEO said they exited last calendar year at a $2M/month run rate? Was there any discussion of this on the webinar? Thanks.

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