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Bullboard - Stock Discussion Forum Hydreight Technologies Inc V.NURS

Alternate Symbol(s):  HYDTF

Hydreight Technologies Inc. is a Canada-based company, which is engaged in providing health & wellness services. Its proprietary, fully integrated platform hosts a network of over 2500 nurses, over 100 doctors, and a pharmacy network across 50 states. The platform includes a built-in, suite of fully integrated tools for accounting, documentation, sales, inventory, booking, and managing patient... see more

TSXV:NURS - Post Discussion

Hydreight Technologies Inc > Provides Corporate Update Reflecting Significant Growth
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Post by Betteryear2 on Oct 16, 2024 4:39pm

Provides Corporate Update Reflecting Significant Growth

  • Hydreight reported record Topline¹ Revenue of $10.46M in the first 6 months of 2024.
  • Q2, 2024 GAAP revenue was $4.10 million an increase of 52% compared to Q2, 2023.
  • Q2, 2024 Adjusted EBITDA¹ was $218K compared to ($456K) in the comparative quarter.
  • In partnership with two other companies, Hydreight launched Telemedicine and e-Commerce Solution that helps companies launch a Direct to Consumers Healthcare brand In All 50 States.
  • Within the first 90 days, VSDHOne sold over 200 licenses across 50 States.
  • Announced Normal Course Issuer Bid on August 28, 2024.
  • Signed a partnership with a company that works with US Government agencies for service and healthcare contracts
  • Secured national medical spa partners with collectively almost 700 locations sold and 186 opened across the United States.

VANCOUVER, British Columbia and LAS VEGAS, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Hydreight Technologies Inc. (“Hydreight” or the “Company”) ( TSXV: NURS )( OTCQB: HYDTF )( FSE: SO6 ), a fast-growing mobile clinical network and medical platform which enables flexible at-home medical services across 50 states in the United States, is pleased to provide a corporate update reflecting its significant organic growth, increased patient visits, and strong revenue growth. The all-in-one solution is designed to help brick-and-mortar locations and independent nurses and businesses to provide medical services to clients in compliance with state healthcare regulations.

Hydreight Provides Corporate Update Reflecting Significant (globenewswire.com)

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