Reliq Health Technologies Inc V.RHT.H

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

[qwerty22]

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.