Vitalhub Corp T.VHI

THINK RESEARCH AUDITED SEPTEMBER 30, 2020 ANNUAL FINANCIALS

[theSPOOKster]

THINK RESEARCH AUDITED SEPTEMBER 30, 2020 ANNUAL FINANCIALS SHOW STRONG REVENUES, GROSS MARGINS FOR DIGITAL HEALTH SOFTWARE

Canada Newswire JAN 28, 2021 05:00 PM EST

Canada NewsWire

/NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES/

• Significant growth and expansion to approximately $19.4 million in revenue representing a 12 per cent increase over 2019
• Gross Margin of 61 per cent in high-margin software vertical compared to 58 per cent in 2019
• Net cash used for operations of $9.1 million representing a reduction of $6.8 million compared to the prior year.
• Net loss of $10.0 million representing an improvement of $3.2 million over the prior year net loss.
• Improved adjusted EBITDA (a non-IFRS financial measure) [1] loss of $2.6 million with positive adjusted EBITDA of $0.1 million for the three months endin
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[RomanNumeral]

I GUESS YOU CASUALLY MISSED NOTE 17 WHEN TYPING IN ALL CAPS. KUDOS TO THINKRESEARCH MANAGEMENT FOR FINDING THE MOST EXPENSIVE OFFICE SPACE IN TORONTO DURING A PANDEMIC AND LOCKING IN FOR 5 YEARS ALMOST 2 YEARS IN ADVANCE. AMAZING 37M OFF BALANCE SHEET DEBT THEY HAVE GOING FOR THEM. 17 Commitments and Contingencies The Company is committed to future minimum annual payments under operating leases

[goldenticketguy]

Hey Spookster, get lost with your diatribe & Go THINK somewhere else. You don't own shares in Vitalhub so go SPOOK another board. This stock is going to $7.

[Chitoryuteacher]

 VHI had good numbers too! Their next quarter report will be good as well. Should start seeing revenue from contracts in UK starting to show up on the books.  So, make like a ghost spookster. :) Post on THNK bullboard