Reliq Health Technologies Inc V.RHT.H

New Press Release - Reliq Health Technologies, Inc. Files Q3 FY 2023 Financial Statements, Announces Record Revenue and First EBITDA Positive Quarter

HAMILTON, Ontario, May 30, 2023 (GLOBE NEWSWIRE) -- Reliq Health Technologies Inc. (TSXV:RHT or OTCQB:RQHTF) (“Reliq” or the “Company”), a rapidly growing global healthcare technology company that specializes in developing innovative Virtual Care solutions for the multi-billion dollar Healthcare...read article.

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  As ebitda is suppose to be a proxy for cash flow, Reliq needs to adjust for non-cash hardware revenues too! ! !   After adjusting for non-cash expenses including share-based compensation, depreciation and accretion, and one-time non-reoccurring expenses including development costs associated with implementing the FHIR standard, the Company’s adjusted EBITDA (gain) for Q3 FY