Reliq Health Technologies Inc V.RHT.H

300k more patients to go by year end

[mingzhu]

two important points from this PR
1, REcently the gross margin changed grom 75% to 70% This is the reason "Due to our accelerating traction with large US healthcare clients, we are currently adding multiple Care Managers and Implementation Specialists to support the large deployments that we are initiating in multiple States across the US" 

2, "The contract is expected to add 100,000 eligible patients to our platform over the next two calendar years. The client was referred to us by one of our existing Skilled Nursing Facility network clients, further demonstrating that Reliq has established itself as the gold standard for virtual care for chronic disease patients. "
A big network has big referrals. 

[theinvestor22]

Re point number 1, I wondered when this was going to happen.  It's about time.

[mingzhu]

this is the  solid indication the acceleration  is really happnning now

[francoisl13]

Pretty good and interesting news. I like the 'referral' mention in their press release, it says a lot about iUgo market perception. It is clear that the market is saying 'show me the money' before moving the price of shares up. Like mentioned before, it is now up to RHT to EXECUTE and show results on the adherence and collection front. If done, well, sky is the limit, right? The

[lscfa]

New presentation has lowered ebitda margin to 40% from 45%. Are they hoping we don't notice this slight of hand change to guidance? 40% is still much higher than Maxim analyst forecast of 32% by f2025

[Lifeboat1]

They just talked about adding more people to deal with large contracts and lowered GM and EBITDA margins by 5% and posted it on their website.  It is was slight of hand it wasn't very good.