Viemed Healthcare Inc VMD

And somebody help me with the math

[JackLambert]

Have we really added 300 skulls in the last year?

300 x $60,000  (say) is 18 million.  Incremental overhead.  

Perhaps we're getting ready to invade Alabama.  

Guessing unused RT capacity in the 40% range.   

as Stormy said - if we build it they willl come.

[lscfa]

180 from HMP acquistion

[lscfa]

SG&A is up $5M/qtr from Mar 23 to Mar 24 => $20M annulaized

[westcoastlogger]

Wouldn't it be nice if we could add a couple thousand more employees and SG& A never moved. One of these days folks will understand this is a growth company. Brace for it. Buy the dips.

[snootchybootchy]

During the earnings call, somebody asked Viemed about their increased expenses.  Their response: "if you look at our margins in conjunction with first quarter to first quarter, it's not really out of bounds. We completely are confident that expenses as a percentage of revenue will be in line or likely very much better than last year." Can somebody help with the math here?

[Moemoney42]

the market has answered your question.. down another 5+% today like I said earlier.. management bonuses and headcount will continue to chew up profits.. read the transcript from the latest PR and it has a lot of gobbledegook but very little substance.. thus the sell off.. investors are obviously more educated than to believe a few buzz words thrown around to sound impressive.. more like a smoke

[JackLambert]

Or it could be a ploy to keep the SP at an affordable level for participants in beneficial ownership until the buy out comes? inside ownership up from 13 to 20%.  That's called voting with your feet 

[lscfa]

SG&A / net revenue = 47% for both Q1 2024 and Q1 2023. 

[lscfa]

These bozos have been promising scalability for 5 years but so far have been spinning their wheels.   Qtr ending Revenue Gross profit SG&A  Mar 24 50,593 29,802 24,814 Mar 23 39,556

[snootchybootchy]

And on that $11M increase in revenue, it translated to only $0.1M in net profit before taxes. I was just hoping for more comments from Viemed about that. Anyway, it is what it is.  I'm still bullish. I am all for the company diversifying their sources of revenue.

[esifor]

Have you ever worked in a growth company as C-Suite? Doesn't sound like it from your comment. If there is cash left after expenses (aka profits), the money goes into executing growth plans. Growth plans usually push for 10X of the budget available to them, so there is also a tug of war about which plan gets to use that left over money. There is no point on showing profits on the balance sheet