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Bullboard - Stock Discussion Forum Skylight Health Group Inc SLHGF

Skylight Health Group Inc. is a Canada-based healthcare services and technology company. The Company operates a Florida-based primary care health network comprised of physical practices providing a range of services from primary care, sub-specialty, allied health and laboratory/diagnostic testing. The Company is focused on helping small and independent practices shift from a traditional fee-for... see more

GREY:SLHGF - Post Discussion

Skylight Health Group Inc > $SLHG Q2 Results
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Post by SkywalkerofLuke on Aug 23, 2021 6:28pm

$SLHG Q2 Results

Been bullish on $SLHG for a little while now and despite the down day I still love what I have seen. They just recently released their Q2 financial results and showed some great results. 


Quick Highlights


- Revenue increased 184% to $10.5 million (up 103% from $5.2 million for the first quarter of 2021)

- Organic growth from existing Primary Care clinics of approximately 13% during the quarter

- Cash balance of $11.8 million as of June 30, 2021

- Etc. 


CEO of $SLHG commented, “We are excited that we achieved our largest revenue quarter in the history of the Company . . . We’ve identified two key growth areas that will remain a focus for the last half of the year and onwards: the growth through strategic acquisitions and the participation of value-based care.”


Found this great video that breaks down the results and discusses where $SLHG can and wants to go in the future.


https://www.youtube.com/watch?v=vzQUvey8yIo

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