NEW YORK, Aug. 31, 2021 (Globe NEWSWIRE) — Wall Road Reporter, the dependable identify in fiscal news because 1843, has posted stories on the most recent comments and insights from leaders at: Exela Systems (NASDAQ: XELA), Logiq, Inc. (OTC: LGIQ) (NEO: LGIQ), Reliq Health and fitness Technologies (OTC: RQHTF) (TSX.V: RHT) and Upstart Holdings (NASDAQ: UPST).
Reliq Overall health Technologies (OTC: RQHTF) (TSX.V: RHT) CEO Lisa Crossley: “2021 is Breakout 12 months for Reliq Telehealth Platform”
Reliq Overall health Systems (OTC:RQHTF) is now at an inflection issue for explosive earnings progress and profitability shared CEO Lisa Crossley all through a recent presentation at Wall Street Reporter’s Future Super Stock livestream. RQHTF’s iUGO telehealth remote affected person checking system has received substantial traction more than the previous 6 months, and now has 200,000 clients underneath agreement to be onboarded more than the upcoming 18-24 months – which represents in excess of $120 Million in recurring once-a-year revenue at full deployment.
Look at Reliq Wellness Tech (OTC:RQHTF) (TSX.V:RHT) Upcoming Super Stock Online video: https://bit.ly/3BcFkLi
RQHTF has just turned the corner to profitability and revenues are expected to get to $2 million for each month revenues, hitting a $24 million run amount by the end of December – and hold raising as much more contracted clients are onboarded. Lisa extra that RQHTF is now setting up to toss off major income move, enabling the enterprise to fund advancement internally, devoid of the require for cash raises in the in close proximity to long term. A NASDAQ uplisting remains a chance for 2022.
Lisa described how new affected person contract growth is now “snowballing” – driven by expanded medicare and medicaid coverage and reimbursement quantities for virtual treatment companies like RQHTF provides. RQHTF’s powerful iUGO telemedicine platform supports care coordination and local community-based virtual health care, enables intricate clients to acquire superior high quality care at home, strengthening wellbeing outcomes, and cutting down the cost of treatment supply. iUGO Treatment gives serious-time accessibility to distant individual monitoring information, making it possible for for well timed interventions by the care workforce to stop pricey medical center readmissions and ER visits.
Watch Reliq Well being Tech (OTC:RQHTF) (TSX.V:RHT) Upcoming Tremendous Inventory Video clip: https://bit.ly/3BcFkLi
Upstart Holdings, Inc. (NASDAQ: UPST) CEO, Dave Girouard: “AI is Largest Transformational Change to Lending in 5,000 Years”
“…Upstart is a primary AI lending platform, and our 2nd quarter success go on to exhibit why this category can make enormous benefit in our economy. They also show why Upstart has an prospect to become one of the world’s premier and most impactful fintechs in the many years to occur. Lending is the middle beam of revenue and profits in fiscal companies and synthetic intelligence may well be the most transformational improve to appear to this sector in its 5,000-year heritage. It really is our perspective that AI-led disruption targeting remarkable inefficiency in a single of the major segments of our economic system is worthy of your awareness.”
“…Our Q2 revenues grew to $194 million, up 60% in contrast to the prior quarter. June was our very first thirty day period with a lot more than 100,000 financial loans and much more than $1 billion in origination quantity on our system. And we achieved this expansion while also providing record earnings with modified EBITDA of $59.5 million and GAAP net cash flow of $37.3 million…We have built a powerful and successful main from which we hope to launch various new products and solutions and products and services in the months and several years to come. AI lending will renovate money services in the ten years in advance and we intention 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 Path to $100 Million Revenues”
Up coming Tremendous Stock meeting presenter Logiq, Inc. (OTC: LGIQ) (NEO: LGIQ) President Brent Suen recently shared with investors how LGIQ is now positioned to additional than double revenues – to a opportunity $100 million run rate – within the upcoming 18 months fueled, by M&A, organic progress and rising profit margins. LGIQ permits worldwide ecommerce and fintech solutions for small to medium measurement businesses globally. LGIQ’s DataLogiq AI-driven adtech enterprise is expected to be a important driver of earnings advancement and financial gain margin growth in the subsequent 12 months, as extra electronic promoting organizations are signing up for the system.
Observe (OTC: LGIQ) (NEO: LGIQ) Upcoming Super Stock livestream: https://little bit.ly/3kafujX
Brent Suen articulated how LGIQ has powerful upside, dependent on valuation comparables to its friends in the e-commerce/fintech area. Even though LGIQ trades at about 2X revenues, it is friends these as Store, SE, STNE, JMIA and many others are frequently buying and selling at 20-30X revenues. An added upside catalyst for investors is the probable spinout of LGIQ’s Indonesia fintech and ecommerce business as a stand-on your own general public entity.
Watch (OTC: LGIQ) (NEO: LGIQ) Up coming Super Inventory livestream: https://bit.ly/3kafujX
Exela Systems, Inc. (NASDAQ: XELA) CEO Ronald Cogburn: ”Exela Serves a $207 Billion Sector Opportunity”
“…Exela is a chief in business system administration solutions globally. We serve a large and escalating overall addressable current market believed at $207 billion, and we see important incremental possibility for an even greater SMB sector in which we have seasoned potent growth considering that our entrance into the place in late 2020.”
“…Our considerable investments in our technological innovation and quite a few patents provide as a aggressive moat and placement us properly to gain with methods that generate electronic transformation and automation. We serve in excess of 4,000 consumers across 14 sector verticals, like 60% of the Fortune 100. So, our purchaser foundation is not only large and varied, but we perform with some of the huge blue-chip providers in the globe the place we have extensive-tenured relationships. And eventually, with a long time of business expertise, we believe we have the appropriate management staff in position to capitalize on significant possibilities that we see ahead.
“…Full earnings for the next quarter was in line with our anticipations at $293 million, down modestly from Q1. Versions in our profits predominantly replicate continued COVID-19 effect, offset by the greater stabilization reached immediately after pruning nonstrategic contracts. I’m delighted to say that we’re seeing fantastic momentum in our company. We generated adjusted EBITDA of $51 million in Q2, up roughly 10% sequentially and 18% calendar year-more than-year and in line with our pre-pandemic altered EBITDA in Q4 of 2019. We uncover this noteworthy looking at the current COVID-19 headwinds and believe that it further underscores our continued efforts to enhance our profitability….”
Exela Technologies (NASDAQ: XELA) Earnings Highlights: https://bit.ly/2WFo2qV
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