Reliq Health Technologies Inc V.RHT.H

Also about gross margin...

[theinvestor22]

There have been lots of comments about gross margin over the years.  Just for the record, from my notes, here are the gross margin percentages since the reset:

 

f2019 (whole year)     4.3%

f2020 (whole year)   15.3%

f2021 (whole year)   58.7%

f2022 (whole year)   62.0%

f2023 (year-to-date) 62.4%

 

Not bad, and improving.

[lscfa]

All of these improving fundamentals are disappointing when compared to almost $1 billion/yr in contracts announced. Reliq mgmt, get on with it.  We're all dead in the long run. 

[RottenRonnie7]

Hey buckaroos, your ol friend ranger RR here. Some nice thoughts on the weekend from the faithful here, sad really, i hate spewin this same shite but, HELLO, i keep reading the same misguided drool about how blue the skies are goin to be once we make it to Babylon with our saviour Lisa Crossley.  This was the my thought in the 2nd season of this ridiculous reality show, which, incidentally

[EdinColorado]

  With all the hard work they put into getting contracts in recent years this should kick in as income from onboarding patients in 2023 and undisputable revenue. I surely hope so. If we are still stuck in the ditch at SP of .51 later this year, we will have run out of rationalizations and excuses for failure to thrive.   

[qwerty22]

We'll have to see what "nagging" (her word) patients into adherence will do to this. Sounds negative! Is that plateauing?  

[Lifeboat1]

The Company has already been doing the adherence on new accounts and have improved it to >70%.  If they can continue that with all accounts we will see over a 3x increase in revenue in 2023 without adding any additional patients.

[theinvestor22]

qwerty, I think you're asking whether or not the GM% is leveling off?  If that's your question, then I have two thoughts on that.  Fistly, a 62.4% GM is really good for revenue that's a blend of SaaS and devices.  And, it should naturally go up as SaaS revenue as a percentage of total revenue increases.  So, I'd be happy with that.  Secondly, the company