Reliq Health Technologies Inc V.RHT.H

here is the calculation of my estimates. 3 month revenue

[mingzhu]

delay, the actual months should be Oct, $1m + Nov $1.5m+Dec $2m= $4.5m. CEO said some patients failed to report because of Covid. It minus 500k=$4m. It may not be profitable in this report, but likely cash positive because of collection of old receivables by the end of march. If revenue is  $3.5m, it is OK, 4m good, 4.5m great, under 3.5m disappointment.

[DHC5and6]

I came up with similar results: 4.5 million. I'm interested to see what excuses, or creative accounting, the company will come up with, too explain why they fell short.

[theinvestor22]

My quick and dirty calculation:  $2.14M last Q + (US$30/month x 1.25 forex x 15k patients [they were adding about 5k/mth for many months in 2021 so each quarter should have about 15k patients more than the previous one] x 3 months) = $3.8M.  Deduct something for (possibly high?) hardware in last Q and conservatism generally, which gets you $3+M. It should get a little easier to do