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 > slight change for fQ3 after the webinar

<< Previous

Bullboard Posts

Next >>

Comment by qwerty22on Apr 12, 2023 4:38pm

162 Views

Post# 35391547

RE:slight change for fQ3 after the webinar

Just can't see how SaaS revenue can get close to $3mil next financials based on what she said today.

Overall adherence has gone up 10-12%. Not on Jan 1st but over the course of the past 3 months. Given there is then a lag for those newly adherent to generate revenue then it seems best we can hope for is SaaS rev hitting $3mil by Q4 with only a relatively small acceleration this next Q, say an extra $400,000 SaaS revenue (so $2.1mil Q3). That's assuming everything she is telling us is flowing to the bottom line in a timely fashion, not the safest assumption to make with this company. On that basis it's Q4 numbers that will tell the story of an improving business model. I'm not expecting great things from Q3, it should be moving in the right direction but not showing the company taking off so to speak. Btw I'm usually wrong!

mingzhu wrote: 1, hardware revenue $4m: Lisa said 15m hardware will be largely delivered by the end of Jun. I assume 10m delevery, 4m for fQ3, 6m for fQ4.
2, software: still the same $3m
3, profit and cash flow: negative cash flow and no profit for Q3 because only 1m out of 5m late receivables was collected Both will be positve in current Q.
4, fx:still positive.
5,ebitda: still the same 800k-1m