Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Patient counts increased by 460%
View:
Post by GalAnonymous on Apr 07, 2021 7:15am

Patient counts increased by 460%

...in Q1 2021 (26,317) versus Q1 2020 (5,717) - that's impressive! Once again Steve wants to reassure us that his super power is to execute and that we don't have to worry about subsequent quarters: "For our team to achieve such significant year-over-year growth numbers is a testament to our ability to execute on our business plan to acquire patients and drive long-term shareholder value. I'm especially proud of the strong growth in the last month of Q1 which sets us up for continued growth in Q2 2021". Also, I love how prudent he is with issuing well-deserved options. 800k is nothing, I own shares in a company that recently issued over 8 mln options. Also, I'm so happy that CBDT keeps growing without raising capital through a very common practice of the issuance of new shares. It really feels that Steve wants all of to succeed.
Comment by Outlander1 on Apr 07, 2021 8:51am
Extremely impressive! Based on Q1 2020, we are looking at 3.5 million revenue for the latest quarter just from existing clinics. Add in testing and sales revenue as well as cash raised and no debt-it looks like a great start to the year. Going forward, the 3 new clinics about to open should collectively add roughly 2 million per quarter. Add in the potential for increased testing at Kai.  I ...more  
Comment by GalAnonymous on Apr 07, 2021 9:23am
When you put it like that it really is remarkable! To get the ball rolling is the hardest part and what Steve and his team managed to achieve in just one year is just mind-blowing. I also wanted to add that it's great to get reassured that we are generating more and more revenue from our existing clinics as I believe a lot of people still think of CBDT as merely a covid play. Empower must ...more  
Comment by ArtVandelay181 on Apr 07, 2021 9:44am
Well Said Gal and Outlander - I think this is great news, expecially considering it doesn't include the new Canadian clinics.  Hopefully more clinic openings are announced soon - i can't even fathom what the year over year growth will be a year from now if they achive the clinics opening they intend to.  And all that growth will happen organically. Very nice
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities