RHT:TSX.V; RQHTF:OTCQB; A2AJTB:WKN

Reliq Health Technologies Inc.

Reliq Health is a digital health company that provides innovative SaaS solutions to the $100 billion Virtual Care market. Reliq's proprietary iUGO Care platform supports Remote Patient Monitoring, Telemedicine, Chronic Care Management, Transitional Care Management and Behavioral Health Integration. The company has over 50 clients in the US, Australia and Canada. Reliq expects to achieve cash flow positive in Q1 2021 and profitability in Q2 2021, with gross margins over 75% and EBITDA margins over 45%.

RHT:TSX.V RQHTF:OTCQB A2AJTB:WKN

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Reliq Health Technologies Inc. is a billboard sponsor of Streetwise Reports and paid a fee for this company profile page. Please refer to the important disclosures below for additional details.

Telehealth Co. Notches First Profitable Quarter

Streetwise Reports (06/02/2023)

Reliq Health Technologies announces record revenues for the three months ending March 31 and its first profitable quarter after a loss during the same quarter in 2022.

Tags: Life Sciences Tools & DiagnosticsTechnologyMedical DevicesHealthcare Services

Stock of Canadian Health Tech Firm Upgraded To Good

Research Report

Sadif Research (06/01/2023)

Since the previous rating, this firm has experienced improvements in its business market sentiment and technicals, noted a SADIF Investment Analytics report.

Tags: Healthcare Services

Telehealth Co. Signs Contract With US Health Plan Serving 1 Million Patients

Streetwise Reports (05/18/2023)

Telehealth company Reliq Health Technologies signs a contract with a U.S. health plan that operates in five states with over 3,000 doctors and more than 1 million patients.

Tags: Life Sciences Tools & DiagnosticsTechnologyMedical DevicesHealthcare Services

Telehealth Co. Expands into Arkansas

Streetwise Reports (05/05/2023)

Telehealth company Reliq Health Technologies signs five new contracts in four states for its iUGO platform, including its first contract in the state of Arkansas, where chronic diseases cost billions annually.

Tags: Life Sciences Tools & DiagnosticsTechnologyMedical DevicesHealthcare Services

CEO: Telehealth Co. in 'More Comfortable Cash Position'

Streetwise Reports (04/14/2023)

Telehealth company Reliq Health Technologies Inc. expects to be profitable for the quarter ending in June and initiate a share buyback program this year, its CEO told shareholders this week.

Tags: Life Sciences Tools & DiagnosticsTechnologyMedical DevicesHealthcare Services

Telehealth Co. Signs Largest Client Yet

Streetwise Reports (03/30/2023)

Onboarding will begin in April for the healthcare system that has more than 1,200 care centers in seven states.

Tags: Life Sciences Tools & DiagnosticsTechnologyMedical DevicesHealthcare Services

Expert Comments:

SADIF Investment Analytics (5/25/23) "Reliq Health Technologies Inc. has a bright prospect. . .the company has fair financials and good earnings quality. . .the current market sentiment in relation to Reliq is positive with favorable technical indicators. . .we expect it to be a good long-term investment that is likely to deliver long-term returns."

SADIF Investment Analytics (4/3/23) "Reliq Health Technologies Inc.'s stock has been upgraded to Above Average from Average. . .the company has fair financials and good earnings quality. . .when compared to its closest competitor, Reliq shows greater undervaluation and is more likely to outperform the market."

Jefferson Research (1/20/23) "For Q1 FY23, valuation at Reliq Health Technologies Inc. suggests a lower amount of price risk. . .the company's balance sheet rating improved during the quarter on strengthening liquidity."

Jefferson Research (12/15/22) "The valuation for Reliq Health Technologies Inc. suggests a lower amount of price risk. . .a favorable valuation implies lower potential downward price risk that is evidenced by a company price multiple that is lower than the corresponding sector average. . .the balance sheet rating improved during Q1 FY23 on strengthening liquidity."

Clive Maund, CliveMaund.com (11/22/22) "Reliq Health Technologies Inc. still looks good here and in fact is at another Buy spot as it is starting to break out of a completing bull flag that has formed over the past couple of weeks. . .a breakout from the flag should lead to a rally of similar magnitude to the one preceding the flag. . .this is a good point to add to positions or make fresh purchases."

	Douglas Loe, Leede Jones Gable (11/4/22) "Ontario-based Reliq Health Technologies Inc. is sustainably adding new clients for its iUGO Care platform in recent months, and just this morning added 50 new nursing home clients in Florida to its network, adding 5,000 patients per month (and so 60,000 patients per year) to its client base. . .the company will provide transitional care management to newly discharged patients at a rate of $60/month and remote health monitoring at a slightly higher rate of $65/month thereafter, at 75% gross margin."

More Expert Comments

Clive Maund, CliveMaund.com (11/1/22) "With the dip of recent days presenting us with a better entry point for Reliq Health Technologies Inc., this looks like a good time to buy. There is a clear line of support at CA$0.50, so a good point to place stops would be at about CA$0.485."

Jefferson Research (7/14/22) "Reliq Health Technologies Inc. is showing strong earnings quality and cash flow quality, and valuation suggests a lower amount of price risk. . .with a reported net income of -$800K in Q3/22 that was equal to the adjusted number, the company's quality of net income earnings is extremely high. In addition, operating cash flow increased during Q3/22 to -$1.5M from -$2.8M."

Jefferson Research (6/10/22) "Reliq Health Technologies Inc. is showing strong earnings quality and cash flow quality. . .with a reported net income of -$800,000 in Q3/22 that was equal to the adjusted number, the company's quality of net income earnings is extremely high. In addition, operating cash flow increased during Q3/22 to -$1.5M from -$2.8M."

Clive Maund, CliveMaund.com (4/26/22) "Reliq Health Technologies Inc. is rated an Immediate Buy here. It is down on support at the second low of what is believed to be [a] double bottom that formed following a quite heavy selloff."

Clive Maund, CliveMaund.com (8/29/21) "Developments led to a sharp breakout of Reliq Health Technologies Inc.'s stock late in July, which marked the start of the current vigorous uptrend. This move is probably targeting the CA$1.30–1.40 area. . .a likely scenario is that it stops to consolidate within the channel after last week's sharp gains before proceeding towards the target."

Experts Following This Company

Sadif Research – Sadif Research
	Douglas Loe, Managing Director & Analyst, Healthcare and Biotechnology – Leede Jones Gable
Clive Maund – CliveMaund.com

Company News

5/30/2023 – Reliq Health Technologies, Inc. Files Q3 FY 2023 Financial Statements, Announces Record Revenue and First EBITDA Positive Quarter

5/26/2023 – Reliq Health Technologies, Inc. to Participate in the Healthcare IT Virtual Conference Part II Presented by Maxim Group LLC and Hosted by M-Vest, June 1st, 2023

5/16/2023 – Reliq Health Technologies, Inc. Announces New Contract with a Large US Health Plan

4/28/2023 – Reliq Health Technologies, Inc. Announces Five New Contracts in AR, CA, NV and TX

4/14/2023 – Reliq Health Technologies, Inc. Announces Seven New Contracts and Go-Live with Large Healthcare System

3/30/2023 – Reliq Health Technologies, Inc. Announces 10 New Contracts in Nevada, Texas and Northern California

3/16/2023 – Reliq Health Technologies, Inc. Announces New Contract with Large Healthcare System with over 1,200 Care Centers across 7 US States

3/8/2023 – Reliq Health Technologies, Inc. Announces 40 New Skilled Nursing Facility Clients in California, Florida and Pennsylvania

Important Disclosures
Reliq Health Technologies Inc. is a Billboard advertiser of Streetwise Reports and pays a flat fee. Fees fund both sponsor-specific activities and general report activities. Sponsor-specific activities may include aggregating content and publishing that content on the Streetwise Reports site, creating and maintaining company landing pages, interviewing key management, posting a banner/billboard, and/or issuing press releases. The fees also cover the costs for Streetwise Reports to publish and syndicate investment opinion and comments, and also to curate or create sector-specific content. Billboard advertising monthly fees range from $3,000 to $5,000. This landing page contains a summary of the company that was prepared by that company. Some landing pages contain investing highlights and a catalyst calendar that are prepared by that company. The Expert Comments and Experts Following This Company sections of the landing page are compiled by Streetwise Reports. There may be other information about the company that is not placed on the landing page, and Streetwise Reports does not guarantee the accuracy or thoroughness of the information contained on the landing page. Readers should conduct their own research for all information publicly available concerning the company. This landing page may be considered advertising for the purposes of 18 U.S.C. 1734.

Streetwise Company Fact Sheet

2023/6/6 20:34:38

(RHT:TSX.V - RQHTF:OTCQB - A2AJTB:WKN)

Analyst coverage

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Leede Jones Gable — Douglas Loe

Newsletter coverage

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Company News

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04/14/2023 - View Article

Streetwise - Reliq Health Technologies Inc. Ownership Overview*

Reliq Health Technologies Inc. (RHT:TSX.V; RQHTF:OTCQB; A2AJTB:WKN)

Source: Reliq Health Technologies Inc.

^*Share Structure as of 4/14/2023

Investing Highlights

	Reliq has first mover advantage in the $100 Billion Community Care market
	The Company expects to achieve profitability by the end of June 2021
	Reliq expects consistent month over month revenue growth every month through 2021 and beyond