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Hydreight Technologies Inc HYDTF


Primary Symbol: V.NURS

Hydreight Technologies Inc. is a Canada-based company, which is engaged in providing health & wellness services. Its proprietary, fully integrated platform hosts a network of over 2500 nurses, over 100 doctors, and a pharmacy network across 50 states. The platform includes a built-in, suite of fully integrated tools for accounting, documentation, sales, inventory, booking, and managing patient data, which enables licensed healthcare professionals to provide services directly to patients at home, office or hotel. The platform allows healthcare professionals to deliver services independently, on their own terms, or to add mobile services to existing location-based operations. The Company has a 503B pharmacy network and is affiliated with a U.S. certified e-script and telemedicine provider network. The Company's subsidiaries include Hydreight Canada Holdings Inc., IV Hydreight Inc., and Healthcare Prosoft, LLC.


TSXV:NURS - Post by User

Post by TheRexmemberon Dec 18, 2024 11:41pm
104 Views
Post# 36369562

52 week high with a monster year coming

52 week high with a monster year coming

Unbelievable how little attention this one gets. 

A basic summary is below from a conference call that was extremely intriguing.

They were growing at 50% per year prior to launch of their VSDH One initiative which looks like it will be able to deliver incredible growth this year. 

The existing business will also see synergies with the licensed pharmacy company as Nurses, doctors or Medspas will also see crossover revenue. There is a January update that should be able to confirm whether the onboarding is seeing customer traction in the 20-30,000 prescriptions for the month. If so then that will give a lot of confidence that they are able to scale the business. 

- 180 of 700 medspa licenses active while remaining licensees continue to open their facilities 

- 200 of 1000 reseller contract target in 2025 are onboarding 

- increase in marketed product list to 40 from 6

- increase in Dr. Appointments and nursing appointments across their 300 MD's and 3000 RN's 

- targeting products that require frequent use

Zero outbound marketing thus far. 

if numbers pan out we could be looking at a unicorn that hits annual revenue exceeding 100 million in 2025 and a muliple of that in 2026.

put a 5X sales multiple on a stock with under 50 million shares if you want to count some chickens...
 
 

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