TSX:WELL - Post Discussion
Post by
retiredcf on Jan 18, 2024 6:47am
Stockchase insights
BUY
WELL Health Technologies(WELL-T)
17/01/2024
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research
In regards to WELL's business update we think it provided a positive development. Two Canadian clinics were added in Q4 generating approximately $28 million in annualized revenues for total consideration of less than $400,000 and are expected to positively contribute to EBITDA in 2024. We like this news and it should help WELL's Q4 earnings. Additionally, the company is focussed on improving cost efficiencies and is making progress in pursuing oppurtunities in its pipeline. We like WELL as a small cap name that is displaying growth and operates in a fast growing niche.
Healthcare
$4.260
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