TSXV:RHT.H - Post by User
Comment by
Lifeboat1on May 31, 2023 10:09am
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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.