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Reliq Health Technologies Inc V.RHT.H

Alternate Symbol(s):  RQHTF

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

Comment by Lifeboat1on May 31, 2023 10:09am
125 Views
Post# 35472273

RE:RE:RE:revenue increased 15% Q v Q, not great, but 3 things are

RE:RE:RE:revenue increased 15% Q v Q, not great, but 3 things areISCFA - your post on profitability is absurd.  They are clearly profitable from the financials.  You may have had a point about future profitability if the hardware sales were a one time sale.  The Company has been selling devices for years and will likely continue to sell $10 million plus a year in device sales especially with  hundreds of thousands of patients in the pipeline.  By your analysis most if not all companies selling goods as part or as all of their business are not profitable because the revenue is not recurring which again is absurd.

As for the corporate overhead piece, you have no idea how much of that is required to sell devices so at best your calculations are speculation.
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