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Bullboard - Stock Discussion Forum Empower Clinics Inc EPWCF

Empower Clinics Inc. is a Canada-based integrated healthcare and medical device company with multi-disciplinary clinics. The Company provides body and mind wellness for patients through its medical clinics, digital and telemedicine care, medical diagnostics laboratories, and sale of medical devices. Its segments include Health & Wellness, comprising clinic operations, patient visits, and... see more

GREY:EPWCF - Post Discussion

Empower Clinics Inc > 2021 revenue
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Post by tankumo on Jan 23, 2021 1:58am

2021 revenue

I crunched some numbers and I feel that it is possible to see $100 million revenue for this year, covid test plus telemedicine revenues combined.

Am I way off, anyone?
Comment by Smokey1958 on Jan 23, 2021 9:57am
You might be way off, Tankumo, but that's a relative thing. The key to their Q3 NR was that they had experienced a 67% increase in revenue for 9 months ending September 30, 2020 (in US dollars). Their annual revenue as posted by Webbroker is $3 million (presumably that's year end 2019). A great deal has happened since then. If their annual revenue for 2020 in USD is somewhere between $5 ...more  
Comment by tankumo on Jan 24, 2021 3:25pm
Thank you sir. I assume average daily test of 2500 a day at $100 per test, some tests actually cost $170. So that's over $90 million a year revenue.
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