Q: hi folks, thoughts on Q/FY results for Healwell,(Aidx/t), and with acquistion of Orion expected to close 1 April....thoughts on company going forward....I believe Well Health has a 14% position in Healwell??.....thanks as always, jb
5i Research Answer:
AIDX reported EPS of ($0.23) missing estimates of ($0.03) and revenues of $15.21M beat estimates of $14.38M. Sales growth has been strong and it is expecting to close its Orion acquisition by April 1, 2025. While growth has been strong, it is still not profitable, and cash flow negative. WELL does have a position in Healwell, and for a high-growth healthcare tech play, we think it looks interesting, but it is small and there are risks associated with its size, no cash flows, etc.