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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 > News
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Comment by qwerty22on Jan 06, 2023 4:14pm
181 Views
Post# 35207854

RE:RE:RE:RE:RE:RE:RE:News

RE:RE:RE:RE:RE:RE:RE:News

Whether your 3000% is right or not doesn't matter. It as much tells you they started from a tragically low place as where they ended. We all know they had two false starts, I guess you are just forgiving them that and discounting it happening again. Let's look at absolute revenue growth.

Dec21 to Mar22 Q SaaS revenue grew $500,000
Mar22 to Sept22 (forgiving the Covid Q) Quarterly SaaS revenue grew $400,000

The acceleration needed to get to even your CY23 $40mill is just not there yet. You realize to get to your target linear growth won't do, decelerating growth won't do, it needs accelerating growth and that isn't yet happening. It's not in the past data and it's hopium for the future.


Lifeboat1 wrote: I do.  SAAS was up somewhere in the range of 3,000% yoy.  That's a nice trajectory.  Devices are part of the current business model and are a differentiator and have good margin.  Most Companies would love to have their main business with GM at 50% while Reliq has that for a pass through product.  The Company will have higher valuation with devices  than without so it's a smart business move.

 

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