NEW YORK, Aug. 31, 2021 (Globe NEWSWIRE) — Wall Road Reporter, the trustworthy title in fiscal news considering that 1843, has printed studies on the latest opinions and insights from leaders at: Exela Technologies (NASDAQ: XELA), Logiq, Inc. (OTC: LGIQ) (NEO: LGIQ), Reliq Health Systems (OTC: RQHTF) (TSX.V: RHT) and Upstart Holdings (NASDAQ: UPST).
Reliq Wellbeing Systems (OTC: RQHTF) (TSX.V: RHT) CEO Lisa Crossley: “2021 is Breakout Calendar year for Reliq Telehealth Platform”
Reliq Wellbeing Systems (OTC:RQHTF) is now at an inflection place for explosive profits progress and profitability shared CEO Lisa Crossley throughout a recent presentation at Wall Avenue Reporter’s Future Super Inventory livestream. RQHTF’s iUGO telehealth distant individual monitoring system has acquired important traction in excess of the previous 6 months, and now has 200,000 clients underneath agreement to be onboarded about the future 18-24 months – which signifies over $120 Million in recurring annual revenue at total deployment.
View Reliq Well being Tech (OTC:RQHTF) (TSX.V:RHT) Subsequent Super Stock Video: https://bit.ly/3BcFkLi
RQHTF has just turned the corner to profitability and revenues are expected to access $2 million for each thirty day period revenues, hitting a $24 million run level by the stop of December – and hold increasing as additional contracted individuals are onboarded. Lisa additional that RQHTF is now starting off to toss off sizeable hard cash circulation, enabling the business to fund expansion internally, devoid of the need for money raises in the in close proximity to foreseeable future. A NASDAQ uplisting continues to be a likelihood for 2022.
Lisa stated how new individual deal expansion is now “snowballing” – run by expanded medicare and medicaid coverage and reimbursement quantities for virtual care services like RQHTF offers. RQHTF’s strong iUGO telemedicine system supports treatment coordination and group-dependent virtual healthcare, permits elaborate clients to get high quality treatment at home, improving health outcomes, and lessening the price tag of care delivery. iUGO Treatment provides genuine-time obtain to remote patient checking facts, making it possible for for well timed interventions by the care crew to stop costly clinic readmissions and ER visits.
Check out Reliq Health Tech (OTC:RQHTF) (TSX.V:RHT) Following Tremendous Inventory Online video: https://little bit.ly/3BcFkLi
Upstart Holdings, Inc. (NASDAQ: UPST) CEO, Dave Girouard: “AI is Biggest Transformational Change to Lending in 5,000 Years”
“…Upstart is a top AI lending platform, and our 2nd quarter success keep on to display why this group can produce massive value in our financial state. They also show why Upstart has an opportunity to turn into a single of the world’s largest and most impactful fintechs in the many years to come. Lending is the center beam of earnings and earnings in economic companies and artificial intelligence could be the most transformational improve to occur to this industry in its 5,000-calendar year history. It is really our watch that AI-led disruption targeting dramatic inefficiency in just one of the greatest segments of our overall economy is worthy of your consideration.”
“…Our Q2 revenues grew to $194 million, up 60% in contrast to the prior quarter. June was our initially month with additional than 100,000 financial loans and much more than $1 billion in origination quantity on our system. And we realized this advancement while also providing document revenue with altered EBITDA of $59.5 million and GAAP web cash flow of $37.3 million…We have designed a powerful and successful main from which we be expecting to start numerous new products and providers in the months and a long time to come. AI lending will remodel economic expert services in the 10 years ahead and we aim to make Upstart synonymous with that category…”
Upstart Holdings (NASDAQ: UPST) Earnings Call Highlights:https://little bit.ly/38rw0GT
Logiq, Inc. (OTC: LGIQ) (NEO: LGIQ) President, Brent Suen: “On Route to $100 Million Revenues”
Next Super Inventory meeting presenter Logiq, Inc. (OTC: LGIQ) (NEO: LGIQ) President Brent Suen not long ago shared with traders how LGIQ is now positioned to much more than double revenues – to a opportunity $100 million operate charge – inside of the next 18 months fueled, by M&A, organic and natural progress and growing earnings margins. LGIQ enables world-wide ecommerce and fintech services for small to medium measurement companies throughout the world. LGIQ’s DataLogiq AI-driven adtech organization is envisioned to be a main driver of profits progress and earnings margin growth in the upcoming 12 months, as far more digital advertising businesses are becoming a member of the platform.
Observe (OTC: LGIQ) (NEO: LGIQ) Subsequent Tremendous Stock livestream: https://little bit.ly/3kafujX
Brent Suen articulated how LGIQ has powerful upside, based on valuation comparables to its friends in the e-commerce/fintech place. Even though LGIQ trades at about 2X revenues, it is friends this sort of as Shop, SE, STNE, JMIA and other people are usually investing at 20-30X revenues. An more upside catalyst for traders is the likely spinout of LGIQ’s Indonesia fintech and ecommerce small business as a stand-on your own public entity.
Check out (OTC: LGIQ) (NEO: LGIQ) Subsequent Tremendous Inventory livestream: https://bit.ly/3kafujX
Exela Technologies, Inc. (NASDAQ: XELA) CEO Ronald Cogburn: ”Exela Serves a $207 Billion Market Opportunity”
“…Exela is a chief in company method administration solutions globally. We provide a big and expanding complete addressable marketplace approximated at $207 billion, and we see important incremental chance for an even larger SMB market where by we have experienced robust growth given that our entrance into the room in late 2020.”
“…Our intensive investments in our technological know-how and a lot of patents provide as a competitive moat and situation us properly to win with methods that generate electronic transformation and automation. We serve above 4,000 shoppers across 14 marketplace verticals, like 60% of the Fortune 100. So, our client foundation is not only big and diverse, but we get the job done with some of the substantial blue-chip organizations in the planet the place we have prolonged-tenured associations. And ultimately, with a long time of business knowledge, we believe that we have the ideal administration team in place to capitalize on substantial chances that we see forward.
“…Whole earnings for the 2nd quarter was in line with our expectations at $293 million, down modestly from Q1. Variations in our income mostly mirror ongoing COVID-19 influence, offset by the improved stabilization obtained right after pruning nonstrategic contracts. I’m delighted to say that we’re looking at great momentum in our business enterprise. We generated modified EBITDA of $51 million in Q2, up around 10% sequentially and 18% calendar year-around-year and in line with our pre-pandemic modified EBITDA in Q4 of 2019. We come across this noteworthy thinking about the present-day COVID-19 headwinds and consider it additional underscores our continued endeavours to improve our profitability….”
Exela Systems (NASDAQ: XELA) Earnings Highlights: https://little bit.ly/2WFo2qV
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