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Nexgenrx Inc V.NXG

Alternate Symbol(s):  NEGXF

NexgenRx Inc. administers, adjudicates, and pays drug, dental, and other extended health-care claims for the beneficiaries of health benefit plans underwritten by its customers in Canada. The company offers NexSys claims management; NexAdmin plan administration; and NexPSPAssist patient support programs. It also provides ancillary services. NexgenRx Inc. was incorporated in 2003 and is headquartered in Toronto, Canada.


TSXV:NXG - Post by User

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Post by jcorobowon May 27, 2021 9:26am
288 Views
Post# 33274540

A few points from Q1 release

A few points from Q1 release- Revenue up YoY
- No CEWS
- Administration Fees revenue up YoY
- EBITDA margin increased from 20% to 25% YoY

Great cost cutting measures this Q. Just need transaction revenue to increase once people start going to dentists, chiropractors, etc. 


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