Q: Could you please provide your observations regarding VitalHub Corp.'s Q4 2023 results? Thank You
5i Research Answer:
EPS of 3.0c missed estimates of 3.3c. Revenue of $13.6M exactly matched estimates. EBITDA of $4M beat estimates by 21%. The profit was a nice turnaround from a loss of 1c per share in the same period last year. Sales rose 20%; EBITDA rose 60%. Gross margin improved one point to 83%. Recurring revenue was 83% vs 77%. Sales rose on higher term licenses and more maintenance and support revenue. Cash (net) is $33.5M. EPS is expected to rise 33% into 2025. Things look solid here.