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Bullboard - Stock Discussion Forum Reliq Health Technologies Inc V.RHT.H

Alternate Symbol(s):  RQHTF

Reliq Health Technologies Inc. is a global healthcare technology company that specializes in developing virtual care solutions for the healthcare market. The Company’s iUGO Care platform supports care coordination and community-based virtual healthcare. iUGO Care allows complex patients to receive care at home, improving health outcomes, enhancing quality of life for patients and families and... see more

TSXV:RHT.H - Post Discussion

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Post by AdeptMind on Nov 16, 2021 11:12am

WSR

Please, for ANYONE who may be able to get a question in today, please ask about the new release from December of 2020 (https://ceo.ca/@nasdaq/reliq-health-technologies-inc-announces-15-new-clients) on why there has been no revenue that seems to have been recognized in the latest financials. It clearly stated that all onboarding of those vast patients was to be completed by April-June of this year. If that was the case, then why was there so little SaaS revenue? Genuinely want to know but not sure I can get on the show today. Thank you everyone :) !
Comment by lscfa on Nov 16, 2021 11:42am
Usual excuse. Wave 3 of Covid hit in early 2021 stalling out Onboarding.    
Comment by lscfa on Nov 16, 2021 12:08pm
The reason the co. stopped disclosing onboarding no.s is they fluctuate due to onboarding and OFFBOARDING. Imagine what the stock price would do if the co. announced a decline in the no. of paying patients from one month to the next. Thus co. gives longer term revenue targets (which implies no. of paying patients) so new account wins hopefully exceed patient attrition from deaths and patients ...more  
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