HS GovTech anticipates continued sales momentum in Q3. HS GovTech (CSE: HS) recently recorded it’s strongest sales quarter on record.
During Q2, the company was awarded 19 contracts, and fully executed an additional 10. All contracts and awards were withing the company’s key market of environmental health, with an average contract length of 5 years.
As of June 30, 2022, ARR under contract was $4.82 million. Once awarded contracts are fully executed, ARR will be $5.21 million.
Leadership is confident the momentum it has seen will carry into Q3, and anticipates another strong growth quarter as the company continues to add to and close out its sales pipeline.
HS.c is currently trading at $.32, valued at $14.67 million.
https://twitter.com/HSGovTech/status/1552309632869322752