Added to YB: 2024-03-28
Pitch date: 2024-03-27
WELL.TO [neutral]
WELL Health Technologies Corp.
+6.18%
current return
Author Info
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Company Info
WELL Health Technologies Corp. operates as a practitioner-focused digital healthcare company in Canada, the United States, and internationally.
Market Cap
CAD 1.1B
Pitch Price
CAD 3.72
Price Target
N/A
Dividend
N/A
EV/EBITDA
15.52
P/E
-36.30
EV/Sales
1.49
Sector
Health Care Providers and Services
Category
N/A
Well Health Technologies ($WELL.TO) has been a disappointment
WELL.TO: Q4 shows modest improvement despite tough year. Annual revenue +36% to $776M, but gross margin -530bps to 48%. G&A up 26%, net income down $2M, operational CF down $10M to $66.4M, debt at $295M, cash flow/debt ratio worsens to 0.22. 241.4M shares, 10M dilution. Stock comp up 63%. Analysts' targets $4.75-$11. Concerns over debt, cash flow, SBC, and insider debt. Lower MC/Revenue, but technicals keep it at 3-star.
Read full article (4 min)