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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 mingzhuon Jul 31, 2023 5:53pm
95 Views
Post# 35565636

RE:Preliminary estimates based on numbers given by Reliq

RE:Preliminary estimates based on numbers given by Reliq
mingzhu wrote:
Preliminary estimates based on numbers given by Reliq aftre Webinar
 
revenue 11.2m to 11.7
hardware 7.2m.(60% of (15m-3m)     SaaS 4-4.5m(50% ADHERENCE RATE)
Ebitda: 1.4m/4.7m*11.2m=3.3m minus negative fx(0.5)=2.8m
Profit: 75k/470k*11.2m=1.42m

These estimates depend on adherence rate which is unknown. Still it is likely FQ4 revenue is above $10m, which is above my initial estimate of $8.5m. For C2023, the first half revenue is 15m, the second half should be  57m-15m=42m. 

From the webinar, some numbers:

60% of $15m hardware delivered
it has not collected all aging recervables yet. It will collect $10m by the end of 2023.

1,onboarded patients by the end of Jun (56k+ 7.2m hardware /250=) 84800
2, Reliq will add 500k more patients in next 5 months. It did the this number of patients in previous 4 years. 
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