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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

Reliq Health Technologies Inc > Fundamentals/Guidance
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Post by theinvestor22 on Jan 06, 2023 4:11pm

Fundamentals/Guidance

I'm sure there are lots of people, myself included, who would like to see SaaS revenue growth approach the numbers given out as estimates by the CEO, but keep in mind that CEO statements are not fundamentals.  If you were to graph actual SaaS results over the last couple of years, you'd see something going nicely up and to the right.  That represents one of the the fundamentals.  My conclusion here is that the CEO should stop giving guidance, talk more about actual progress, explain the potential and let the numbers speak for themselves.  No detailed estimates please.

Anyone who expresses frustration about the progress of the business has a point, but it's there nonetheless and it's plain to see.

Anyone who wants to see monthly internal reports is dreaming in technicolor, although I do understand the sentiment.
Comment by qwerty22 on Jan 06, 2023 4:28pm
I do know it's a dream. And I know it won't be realized. My desire is just to close the gap between flippant statements and the truth, she could do that with more insights to the busines but she probably won't. You are right there is growth but it's not accelerating growth, not over 2022 anyway. The crazy guidance demands exponential growth. The fairytale description of the ...more  
Comment by Tropicalsun on Jan 06, 2023 8:09pm
qwerty22, well thought out and very well worded post regarding this companies CEO. Hey Lisa, if you read these forums, perhaps you could take notice of this post and comment next week in the business update as to why it takes soooo long to convert these many signed contracts into generated revenue for Reliqhealth. Great question, as for the rest, it has been said many times by many shareholders ...more  
Comment by lscfa on Jan 12, 2023 3:57pm
The appreciation in the US dollar is hiding the fact that Reliq is dropping its prices, probably to generate business....     Announced Service Monthly rate $C Fx rate Monthly rate $US Jan06/23 SAAS 40 1.34  ...more  
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