Avricore Health Inc V.AVCR

Alternate Symbol(s): AVCRF

Technology Diagnostics & Research Information Technology Services

Avricore Health Inc. is a pharmacy service innovator focused on acquiring and developing early-stage technologies aimed at advancing pharmacy practice and patient care. The Company is involved in the business of health data and point-of-care technologies (POCT). HealthTab, its flagship offering, is a turnkey point-of-care testing solution that combines point-of-care technologies with a secure, cloud-based platform for tackling pressing global health issues. With just a few drops of blood from a finger prick, the system generates lab-accurate results on the spot and data is reported in real time. The test menu includes up to 23 key biomarkers for screening and managing chronic diseases, such as diabetes and heart disease (e.g., HbA1c, Lipid Profile, eGFR). The HealthTab also has capabilities for bacterial and viral tests, such as strep and COVID-19. The HealthTab platform transforms pharmacies into community point-of-care diagnostic centers.

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Avricore Health Inc > Co. update

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Post by lscfaon Feb 01, 2023 10:28am

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Post# 35259325

Co. update

Steep decline in Q4 margin or was Q1,Q2, Q3 margins overstated?

	Devices
Qtr ending	Deployed	Revenue	Gross Profit	Margin

Q4 22 (est)	420	1,208,861	132,052	10.9%
Q3 22	166	572,228	215,961	37.7%
Q2 22	53	176,175	56,874	32.3%
Q1 22	53	42,736	15,113	35.4%
		2,000,000	420,000	21.0%