InvestmentPitch Media Video Discusses Reliq Health's Record Revenues and First Profitable Quarter, for the 3 Months Ending March 31, 2023
InvestmentPitch Media Video Discusses Reliq Health's Record Revenues and First Profitable Quarter, for the 3 Months Ending March 31, 2023
VANCOUVER, British Columbia, June 01, 2023 (GLOBE NEWSWIRE) -- Reliq Health Technologies Inc. (TSXV:RHT) (OTCPink:RQHTF) (FSE:MHN2), a rapidly growing global healthcare technology company developing innovative Virtual Care solutions for the multibillion-dollar Healthcare market, reported record revenues, and first profitable quarter, for the three months ending March 31, 2023. The latest financials and Management's Discussion and Analysis (MD&A) are available on Sedar.com.
溫哥華，不列顛哥倫比亞省，2023年6月1日(Global Newswire)--Reliq Health Technologies Inc.(TSXV：RHT)(OTCPink：RQHTF)(FSE：MHN2)是一家快速增長的全球醫療技術公司，為數十億美元的醫療市場開發創新的虛擬醫療解決方案。截至2023年3月31日的三個月報告創紀錄的收入和第一個盈利季度。最新的財務報告和管理層的討論和分析(MD&A)可在Sedar.com上查閱。
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For more information, please view the InvestmentPitch Media video which provides additional news about the company. The video is available for viewing on "InvestmentPitch" or on "YouTube". If the link is not available, please visit and enter "Reliq" in the search box.
欲瞭解更多資訊，請查看InvestmentPitch Media視頻，該視頻提供了有關該公司的更多新聞。該視頻可在以下網站查看：“InvestmentPitch“或On”YouTube“。如該鏈接不可用，請瀏覽並在蒐索框中輸入“Reliq”。
Dr. Lisa Crossley, CEO, stated: "The Company achieved record revenues of $4,741,037 for the three months ending March 31, 2023 and had our first profitable quarter with a gain from operations of $731,017. Software and services revenue continues to increase as percentage of total revenue, increasing over 69% to $1,804,891 relative to the three months ended March 31, 2022. This is consistent with the Company's previous guidance that high margin software and services will account for the majority of its revenue by the end of 2023 and beyond. Since January 1, 2023 the Company has added over 120 new Skilled Nursing Facilities to its client base and signed new contracts with a large US Healthcare System client and a large US Health Plan. It is a tremendous validation of Reliq's unique value proposition that we are able to attract these very large clients. We expect to see increasing traction with large clients through the remainder of 2023 and beyond."
首席執行官麗莎·克羅斯利博士說：在截至2023年3月31日的三個月中，該公司實現了創紀錄的4,741,037美元的收入，並實現了我們的第一個盈利季度，運營收益為731,017美元。軟體和服務收入佔總收入的百分比繼續增長，與截至2022年3月31日的三個月相比增長了69%以上，達到1,804,891美元。這與該公司之前的指引一致，即到2023年底及以後，高利潤率的軟體和服務將佔其收入的大部分。自2023年1月1日以來，該公司已為其客戶群增加了120多家新的熟練護理機構，並與一家大型美國醫療保健系統客戶和一家大型美國健康計劃簽署了新合同。我們能夠吸引這些非常大的客戶，這是對Reliq獨特價值主張的極大驗證。我們預計，在2023年剩餘時間及以後，大客戶的吸引力將越來越大。“
Sales for the 3-month period ended March 31, 2023 increased by 88.5% to $4,741,037 over the $2,515,013 reported for the 3-month period ended March 31, 2022. Gross profits for the 3-month period ended March 31, 2023 increased 95.6% to $3,201,727 over the $1,636,104 reported for the 3-month period ended March 31, 2022. Gross margins for the period were 68% and are expected to exceed 70% by the end of calendar year 2023, due to reduced device costs and an increase in the percentage of the company's total revenue from higher margin software and services versus hardware.
截至2023年3月31日的3個月銷售額為4,741,037美元，比截至2022年3月31日的3個月報告的2,515,013美元增長了88.5%。截至2023年3月31日的3個月的毛利潤比截至2022年3月31日的3個月的1,636,104美元增長了95.6%，達到3,201,727美元。這一時期的毛利率為68%，預計到2023年年底將超過70%，這是因為設備成本降低，以及利潤率較高的軟體和服務在公司總收入中所佔比例的增加。
The company recently signed a new contract with a large US Health Plan, which operates Accountable Care Organizations in five States with over 3,000 doctors and more than 1,000,000 patients. This new client focuses on community-based primary care, post-acute and specialty care and is a subsidiary of one of the nation's largest providers of hospital and healthcare services and a Fortune 500 Company. Onboarding with this new client will begin in July with one of their Accountable Care Organizations in Texas, which is expected to add over 10,000 new patients to Reliq's iUGO Care platform by the end of March 2024 at an average revenue of $65 per patient per month.
該公司最近與一家大型美國健康計劃簽署了一份新合同，該計劃在五個州運營著責任關懷組織，擁有3000多名醫生和100多萬名患者。這家新客戶專注於以社區為基礎的初級保健、急症後和專科護理，是美國最大的醫院和保健服務提供商之一和財富500強公司的子公司。這一新客戶的入職將於7月份開始，他們在德克薩斯州的一家責任關懷組織預計到2024年3月底將有10,000多名新患者加入Reliq的iUGO護理平臺，每位患者平均每月收入為65美元。
Based in Hamilton, Ontario, with offices in Florida and Texas, Reliq specializes in developing innovative Virtual Care solutions for the multi-billion dollar healthcare market. The company's powerful iUGO CARE platform for care coordination and home healthcare integrates wearables, sensors, voice technology with intuitive mobile apps and desktop software for patients, families, clinicians, and healthcare administrators, allowing complex patients to receive high-quality care at home, improving health outcomes, enhancing the quality of life for patients and families, and reducing the cost of care delivery. iUGO Care provides real-time access to remote patient monitoring data, allowing for timely interventions by the care team to prevent costly hospital readmissions and emergency room visits.
Reliq總部位於安大略省哈密爾頓，在佛羅裡達州和德克薩斯州設有辦事處，專門為價值數十億美元的醫療保健市場開發創新的虛擬醫療解決方案。該公司強大的iUGO護理平臺用於護理協調和家庭保健，將可穿戴設備、感測器、語音技術與直觀的移動應用程式和桌面軟體集成在一起，供患者、家庭、臨床醫生和醫療保健管理員使用，使複雜的患者能夠在家中接受高質量的護理，改善健康結果，提高患者和家庭的生活品質，並降低護理交付成本。IUGO Care提供對遠端患者監控數據的實時訪問，使護理團隊能夠及時進行幹預，以防止昂貴的再次住院和急診室就診。
The shares are trading at $0.58. For more information, please visit the company's website, or email IR@ReliqHealth.com. Investor Relations in the United States is handled by Ben Shamsian of Lytham Partners, who can be reached at 649-829-9701 or by email at shamsian@LythamPartners.com.
該股目前的交易價格為0.58美元。欲瞭解更多資訊，請訪問公司網站，或電子郵件郵箱：ir@ReliqHealth.com。美國的投資者關系部由Lytham Partners的本·沙姆辛負責，他可以通過649-829-9701聯繫，也可以通過電子郵件郵箱：shamsian@lythampartners.com。
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