Provides Corporate Update Reflecting Significant Growth - Hydreight reported record Topline¹ Revenue of $10.46M in the first 6 months of 2024.
- Q2, 2024 GAAP revenue was $4.10 million an increase of 52% compared to Q2, 2023.
- Q2, 2024 Adjusted EBITDA¹ was $218K compared to ($456K) in the comparative quarter.
- In partnership with two other companies, Hydreight launched Telemedicine and e-Commerce Solution that helps companies launch a Direct to Consumers Healthcare brand In All 50 States.
- Within the first 90 days, VSDHOne sold over 200 licenses across 50 States.
- Announced Normal Course Issuer Bid on August 28, 2024.
- Signed a partnership with a company that works with US Government agencies for service and healthcare contracts
- Secured national medical spa partners with collectively almost 700 locations sold and 186 opened across the United States.
VANCOUVER, British Columbia and LAS VEGAS, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Hydreight Technologies Inc. (“Hydreight” or the “Company”) ( TSXV: NURS )( OTCQB: HYDTF )( FSE: SO6 ), a fast-growing mobile clinical network and medical platform which enables flexible at-home medical services across 50 states in the United States, is pleased to provide a corporate update reflecting its significant organic growth, increased patient visits, and strong revenue growth. The all-in-one solution is designed to help brick-and-mortar locations and independent nurses and businesses to provide medical services to clients in compliance with state healthcare regulations.
Hydreight Provides Corporate Update Reflecting Significant (globenewswire.com)