Comment by
Mitch43 on Jun 23, 2023 2:23pm
We'll know better a week from now on June 30, after Reliq's NR on end of year earnings... Only good numbers will stave off a financial.reset ...Perhaps to 0.25 to 0.30 cad. so let's hope it won't come to that.
Comment by
HobbyInvestor1 on Jun 23, 2023 3:30pm
Next week will only be the end of the qr/year. It will then take them at least few weeks to look over the numbers to be able to give investors any heads up on how it went. So we should get update by the mid-end of July. I don't thunk that the SP will go much lower than this. .50c seems to be pretty much the default level.
Comment by
Canadian_101 on Jun 23, 2023 4:17pm
its a cycle, long at the trend, if you sold and bought you would win:)
Comment by
lscfa on Jun 23, 2023 8:37pm
Crossey promised a webinar in mid July but I doubt they release any preliminary financial no.s as it is the last qtr of a fiscal year where the first 9 months often get restated. Also, if the Maxim analyst is correct in forecasting only $4.8 million in revenues for the June qtr mgmt will want to hold off in revealing the disappointing news as late as possible.
Comment by
HobbyInvestor1 on Jun 26, 2023 7:48am
I don't think that Maxim's prediction of 4.8m revenue is very accurate. We've had almost that much in our last qr. Given the constant qr over qr growth of 15 -20% for the past couple of years I would expect 5- 5.3m and that's not even considering their assurance of improving adherence. If their adherence promises turned out to be true it could be significantly more!
Comment by
lscfa on Jun 26, 2023 9:24am
Maxim forecasts revenue of $4.8 mil for the June qtr and the Sept qtr. This would mean Crossley's prediction of about completing the $15 million device order by June 30 is wrong.
Comment by
lscfa on Jun 26, 2023 9:28am
SAAS revenue went up a crummy $77,074 qtr-over-qtr (4.5%). That's an increase of only 514 paying patients.
Comment by
lscfa on Jun 26, 2023 4:39pm
Make that 395 additional patients (not 514) if you assume $65/month cdn rate...
Comment by
Gangsterme on Jun 25, 2023 6:51pm
Quarter/ year end correct but will be until first week September before results will be published.
Comment by
GustheGreek on Jun 24, 2023 1:37pm
Lost confidence in management I guess. Overpromise and underdeliver has been the story... ALTHOUGH, their client list IS building, especially in the last 12 months. Hopefully we'll see that revenue bump in the coming quarters. GLTA! Strong buy IMO.