Reliq Health Technologies Stock Net Income

RHT Stock  CAD 0.22  0.00  0.00%   
Reliq Health Technologies fundamentals help investors to digest information that contributes to Reliq Health's financial success or failures. It also enables traders to predict the movement of Reliq Stock. The fundamental analysis module provides a way to measure Reliq Health's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Reliq Health stock.
Last ReportedProjected for Next Year
Net Loss-7.4 M-7 M
Net Loss-7.4 M-7.7 M
Net Loss-7.4 M-7.7 M
Net Loss(0.42)(0.44)
Net Income Per E B T 0.90  0.78 
Net Loss is likely to climb to about (7 M) in 2025. Net Loss is likely to drop to about (7.7 M) in 2025.
  
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Reliq Health Technologies Company Net Income Analysis

Reliq Health's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Reliq Health Net Income

    
  (8.17 M)  
Most of Reliq Health's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Reliq Health Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Reliq Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Reliq Health is extremely important. It helps to project a fair market value of Reliq Stock properly, considering its historical fundamentals such as Net Income. Since Reliq Health's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Reliq Health's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Reliq Health's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Reliq Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

16.33 Million

At this time, Reliq Health's Accumulated Other Comprehensive Income is fairly stable compared to the past year.
Based on the recorded statements, Reliq Health Technologies reported net income of (8.17 Million). This is 101.52% lower than that of the Health Care Technology sector and 119.44% lower than that of the Health Care industry. The net income for all Canada stocks is 101.43% higher than that of the company.

Reliq Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Reliq Health's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Reliq Health could also be used in its relative valuation, which is a method of valuing Reliq Health by comparing valuation metrics of similar companies.
Reliq Health is currently under evaluation in net income category among its peers.

Reliq Health Current Valuation Drivers

We derive many important indicators used in calculating different scores of Reliq Health from analyzing Reliq Health's financial statements. These drivers represent accounts that assess Reliq Health's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Reliq Health's important valuation drivers and their relationship over time.
202020212022202320242025 (projected)
Market Cap30.8M36.5M76.6M87.0M2.4M2.3M
Enterprise Value30.4M37.0M76.8M87.1M2.4M2.3M

Reliq Fundamentals

About Reliq Health Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Reliq Health Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Reliq Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Reliq Health Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Reliq Stock Analysis

When running Reliq Health's price analysis, check to measure Reliq Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reliq Health is operating at the current time. Most of Reliq Health's value examination focuses on studying past and present price action to predict the probability of Reliq Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliq Health's price. Additionally, you may evaluate how the addition of Reliq Health to your portfolios can decrease your overall portfolio volatility.