Reliq Health Technologies Inc V.RHT.H

Revenue (lack of) guidance

[lscfa]

Sounds like Crossley's target of $100 million run rate by end of 2024 is no longer.   

Chris Shields:  I know the ride so far and being an investor with Reliq has been challenging, but I think the fundamentals of the company remain the same.  Over the long term people will see that value.  It may not be quarter to quarter or even year to year, but if you look back at where we’ve been trending, we’re still on the same trajectory we’ve always forecasted, it’s just taken us longer to get there.  We expect to get to our  milestone of 100 million in revenue.  We’re still on that track.  It just may take us longer than we first anticipated to get there.

[lscfa]

The co. spin that it's trending in the right direction but taking longer is BS.   The true trend is it's taking more and more contracts to reach the same end target.  The co. has announced contracts with clients representing 1.7 million patients and the goal of $100 million in revenue equates to just 128,000 patients.   Contracts announced, calender

[JohnRossie]

More stories than walt disney. Oh by the way insca, ur isd.v is back on market. Boooyaaaa

[Mitch43]

Icsfa, Thanks for this real gem from C.Shields probably from Reliq' main advisor... if this doesn't open the eyes of the long shareholders still firmly believing in Reliq' potential... they are just been advised to be patient forever towards infinity which by definition is pretty long particularly towards the end!

[Mitch43]

Typo:They have instead of they are

[Lifeboat1]

Why would updated guidance that it may take them longer to get to $100 million in revenue be an eye opener for those who are long.  This is not the first time the company has updated guidance and I don't think any of us that are long are worried if it takes a year or 3 years to get there as long as the company continues to make positive progress.

[lscfa]

A 10 bagger in 1 yr = 1000%/yr.....a 10 bagger over 3 yrs = 115%/yr

[Lifeboat1]

I'll take a 10 bagger over 3 years.  More likely a 100 bagger over 5 years from here

[Mitch43]

Talk is cheap, and unfortunately even cheaper from you due to the fact you have no credibility pumping this stock for years now and being one of the CEO apologists for whatever reason.

[lscfa]

10 bagger if get to $100 million/yr in revenue. 40% ebitda = $40 million / 250 million shs = $01.6/sh ebitda x 15 multiple = $2.40

[Lifeboat1]

Here is actual data and not something imaginary. https://fullratio.com/ebitda-multiples-by-industry Health information technology is 19x Software applications are 30x Reliq would be between the two at 25 for backward looking financials and be at 50x for forward looking financials due to the high growth.

[kusio1]

So you aren't breakind down revenue from reselling hardware and revenue from SaaS?  Some analyst you are :D:D:D:D

[lscfa]

Lifebloat is also missing the fact that Reliq has a low margin care management component (labour intensive) that takes it even further away from pure SAAS multiples. 

[Lifeboat1]

I will explain it to those who don't understand the genius of a pass through that generate 50% or higher GM.  It has lower GM than SAAS but due to it being a pass through product there is little in the way of SG&A so the EBITA margins is likely 30%-40%.  Yes I would buy a company that can generate 30% GM from its commodity product line.

[kusio1]

Yeah, the return is massive - especially if vast majority sits unopened collecting dust at somebody's house. No wonder they aren't getting paid and now have auditors questionning their financials.  It's not their product btw - they are buying a product, then shipping it to collect dust at random houses. Wonder whether supplier is willing to wait so long to get paid - great

[Differentfleas]

Hey LAFFboat, please never use the word GENIUS in your posts. When you own this wortless piece of toilet paper....you will then show the world just how smart you are!!

[Bucketshop]

Ill take a Tea Bag and a Vomit bag!!  You and Papi, Peggy123 and Vitalina have to be the WORST investors I have ever seen!!!

[Bucketshop]

Hey LAFFboat, if this is POSITVE progress........give me an example of negative progress!! 

[Reggie1]

these people are on delusional drugs or believe your own B S drugs. Just Chris do not expect other to believe your own B S.  We are still on the same trajectory we have always forecasted? That is believing in delusions. That is oblivious.  But its clarity for shareholders right. Its going to take however long its going to take but we will not be able to tell you how long or a timeline.

[Whynottoday]

Reggie, I can't see how they can do another raise given the stock price and performance. Too risky to even short a bought deal, as a hedge.  As far as the audit, the auditors have had more than enough time, to rebuild the whole year of transactions for RHT. No audit takes this long. Going Concern problem?? Probably in my opinion.  GLTA

[Differentfleas]

No worries, LAFFboat has said he will step in and buy it!!