Vitalhub Corp (FRA:6OVA)
€ 7.5 0.3 (4.17%) Market Cap: 415.78 Mil Enterprise Value: 360.79 Mil PE Ratio: 377.67 PB Ratio: 4.49 GF Score: 73/100
Back to the Transcripts List

Q3 2024 Vitalhub Corp Earnings Call Transcript

Nov 14, 2024 / 02:00 PM GMT
Release Date Price: €7.6 (+2.70%)

Key Points

Positve
  • Vitalhub Corp (VHIBF) reported a 25% increase in annual recurring revenue, reaching $53.5 million, showcasing strong growth.
  • The company achieved a gross margin of 81%, reflecting its efficient software business model.
  • Vitalhub Corp (VHIBF) completed two significant acquisitions, Met Turrent and Strata Health, adding substantial recurring revenue and expanding their product suite.
  • The company maintains a strong cash position with $81.4 million on hand and no debt, providing financial flexibility for future growth.
  • Vitalhub Corp (VHIBF) continues to see strong performance from its EHR solutions in Canada and patient flow products in the UK, indicating robust market demand.
Negative
  • Services, hardware, and other revenue decreased by 1% year over year, indicating potential challenges in these segments.
  • Gross margin slightly decreased from 82% to 81%, which may suggest rising costs or pricing pressures.
  • The integration of recent acquisitions may lead to a temporary dip in margins as the company works to realize synergies.
  • Q3 is typically a slow quarter for services deployment due to seasonal factors, impacting revenue consistency.
  • There is a potential risk of over-reliance on acquisitions for growth, which may not always yield expected synergies or returns.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

VHI.TO - Vitalhub Corp
Q3 2024 Vitalhub Corp Earnings Call
Nov 14, 2024 / 02:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
And recurring nature perpetual License revenue was 300,000 in the quarter, an increase of 1 100,000 of the five year period.

Our services hardware and other revenue was 2.3 million. A decrease of 1% year over year. The slight decrease is primarily attributable to the deployment of new and on ongoing customer projects. In the summer quarter is generally slower for services deployment.

At the end of Q3 2024 annual recurring revenue was 53.5 million. An increase of 25% over the prior year on a sequential basis. Annual recurring revenue increased 2.2 million or 4% over June 2024. Organic growth comprised 1.1 million of this increase or 2% in line with our expectations and historical trends.

In Q3 2024 gross margin was 81% of
Already have an account? Log in
Get the full story
Start 7-Day Free Trial
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot
Research Tools
All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board
Product
Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App 中文
Education
Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation
Company
About GuruFocus Career Contact Us Advertise Site Map Term of Use Privacy Policy Referral Program Partner Program
Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey
Follow Us
download GuruFocus on Apple store download GuruFocus on Google Play
Disclaimers
GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.
© 2004-2025 GuruFocus.com, LLC. All Rights Reserved.