TSXV:RHT.H - Post by User
Comment by
lscfaon Mar 01, 2023 9:27pm
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Post# 35314060
RE:New Press Release - Reliq Health Technologies, Inc. Files Q2 FY 2023 Financial Statements, Announces Record Revenues of $12.6M for Calendar Year 2023
RE:New Press Release - Reliq Health Technologies, Inc. Files Q2 FY 2023 Financial Statements, Announces Record Revenues of $12.6M for Calendar Year 2023Margins on SAAS down as predicted. I suspect they beefed up the care management team internally or through Cognizant in the Dec qtr in preparation of going full bore come Jan 01.
| Qtr ending | Dec 22 | Sept 22 |
| SAAS rev | 1,727,817 | 1,422,671 |
| device rev - returns | 2,390,707 | 2,049,566 |
| Total revenues | 4,118,524 | 3,472,237 |
| SAAS cost | 413,749 | 142,292 |
| device cost | 1,142,846 | 1,155,350 |
| Total costs | 1,556,595 | 1,297,642 |
| Gross profit | 2,561,929 | 2,174,595 |
| SAAS margin | 76.1% | 90.0% |
| device margin | 52.2% | 43.6% |
| Total margin | 62.2% | 62.6% |