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Premier Health of America Inc V.PHA

Premier Health of America Inc. is a Canadian healthtech company. The Company provides a comprehensive range of outsourced service solutions for healthcare needs to governments, corporations, and individuals. The Company uses its proprietary LiPHe platform to lead the healthcare services sector in digital transformation to provide patients with more accessible care services. The Company operates through two segments: Per Diem and Travel Nurses. The Per Diem segment includes Premier Soin and Code Bleu, two of its Quebec subsidiaries that offer their respective services for nursing and assistance by profile and by region. The Travel nurse segment includes Canadian Health Care Agency, Premier Soin Nordik, Solutions Nursing as well as Solutions Staffing, four of its subsidiaries that offer their respective services to the federal and provincial governments for nursing and assistance, including in remote regions.


TSXV:PHA - Post by User

Comment by colouramaon Aug 25, 2022 3:45pm
74 Views
Post# 34920713

RE:Interesting response to earnings

RE:Interesting response to earningsThey say the market is always forward looking, so I feel like there are some investors who read about the upcoming quarter as being soft (due to the summer and post-covid recovery) or the shortage of nurses and healthcare staff for recruitment at the moment and push the sell button.

Otherwise, as we know, this is a company that is free cashflow positive to the tune of just under $1 million this quarter (more than enough to cover payments on debt), net income positive, and has $9 million in the bank.

Plus they just disposed of one of their two transport contracts which was dragging on the financials and only had 3/4 of a full quarter of their newest acquisition.

In any case, I remain patient.




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