Hydreight to Host Company Overview and Corporate Update Webinar on August 17, 2023 at 11 AM PT / 2PM ET
August 14 2023 - 8:00AM
Hydreight Technologies Inc. (“Hydreight” or the “Company”)
( TSXV: NURS )( OTCQB: HYDTF )( FSE:
SO6 ), a fast-growing telehealth platform enabling flexible
home healthcare, today announces that it will host a Company
Overview and Corporate Update on
Thursday, August 17, 2023
at 11 AM PT / 2 PM ET.
Registration Link:
https://us06web.zoom.us/webinar/register/WN_dlNsheZbTVOl6YC953oHAQ#/registration
The webinar will cover the second quarter results and provide a
general corporate update regarding our company overview, market
positioning and strategic overview.
Hydreight invites individual and institutional investors, as
well as advisors and analysts, to attend the 45 minute webinar
followed by a Q&A session. This webinar will be the first of a
webinar series entitled the Hydreight Huddle, where we aim to
engage our investors with regular company updates.
irlabs Investor Roadshow
The Company would also like to announce that it will be
participating in the irlabs Investor Roadshow, starting with a
virtual presentation on September 13, 2023, followed by a four city
in-person roadshow spanning Vancouver, Calgary, Toronto and
Montreal. Click here to register.
Key Financial Highlights:
- Hydreight Achieves Record Top Line Adjusted Revenue:
- YE 2022 Adjusted Revenue (see use of Non-GAAP Financial
Measures) of $8,425,719 and audited GAAP Revenue of
$4,268,431.
- Q1 2023 Adjusted Revenue of $4,167,670 and GAAP Revenue of
$2,631,817 (unaudited), representing an increase of 211% over Q1
2022, paving the way for continued growth in 2023.
- Added 389 New Business Partners in the first half of 2023:
- The platform attracted 389 new
Business Partner account sign-ups in the first half of 2023,
representing an increase of over 61% compared to the same period
last year.
About Hydreight Technologies Inc.
Hydreight Technologies Inc. ( TSXV: NURS )( OTCQB: HYDTF )( FSE:
SO6 ) is a home healthcare and wellness platform that bridges the
gap between providers and patients and empowers nurses, med spa
technicians, and other licensed healthcare professionals to deliver
services on a flexible schedule or to add mobile services to
existing location-based operations. Hydreight facilitates medical
director oversight, liability insurance, competitively priced
prescriptions via a 503B licensed pharmacy, and more. The platform
includes a built-in, easy-to-use suite of fully integrated tools
for accounting, documentation, sales, inventory, booking, managing
patient data, and more, making it possible to deliver mobile
medicine across 50 states. Learn more at Hydreight.com.
You can download the Hydreight Wellness App from the Apple
App store or Google Play Store , and prospective
service providers can sign up
at: Hydreight.com/start-a-business/
On behalf of the Board of Directors
Shane MaddenDirector and Chief Executive OfficerHydreight
Technologies Inc.www.hydreight.comTelephone: (480) 790 6886
For further information about Hydreight, please
contact:
Investor RelationsContact – Alyssa
BarryEmail: ir@hydreight.comTelephone: (604) 997 0965
Neither TSXV nor its Regulation Services Provider (as that term
is defined in policies of the TSXV) accepts responsibility for the
adequacy or accuracy of this release.
This press release does not constitute an offer of securities
for sale in the United States. The securities being offered have
not been, nor will they be, registered under the United States
Securities Act of 1933, as amended, and such securities may not be
offered or sold within the United States absent U.S. registration
or an applicable exemption from U.S. registration requirements.
Cautionary Note Regarding Forward-Looking
Information
This press release contains statements which constitute
“forward-looking information” within the meaning of applicable
securities laws, including statements regarding the plans,
intentions, beliefs and current expectations of the Company with
respect to future business activities and operating performance.
Forward-looking information is often identified by the words “may”,
“would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”,
“believe”, “estimate”, “expect”, “approximately” or similar
expressions and includes information regarding expectations for the
Company’s growth in 2023.
Investors are cautioned that forward-looking information is not
based on historical facts but instead reflects the Company’s
management’s expectations, estimates or predictions concerning
future results or events based on the opinions, assumptions and
estimates of management considered reasonable at the date the
statements are made. Although the Company believes that the
expectations reflected in such forward-looking information are
reasonable, such information involves risks and uncertainties, and
undue reliance should not be placed on such information, as unknown
or unpredictable factors could have material adverse effects on
future results, performance or achievements of the Company. Among
the key factors that could cause actual results to differ
materially from those projected in the forward-looking information
are the following: the ability to obtain requisite regulatory and
other approvals with respect to the business operated by the
Company and/or the potential impact of the listing of the Company’s
shares on the TSXV on relationships, including with regulatory
bodies, employees, suppliers, customers and competitors; changes in
general economic, business and political conditions, including
changes in the financial markets; changes in applicable laws;
compliance with extensive government regulation; and the diversion
of management time as a result of being a publicly listed entity.
This forward-looking information may be affected by risks and
uncertainties in the business of the Company and market
conditions.
Should one or more of these risks or uncertainties materialize,
or should assumptions underlying the forward-looking information
prove incorrect, actual results may vary materially from those
described herein as intended, planned, anticipated, believed,
estimated or expected. Although the Company has attempted to
identify important risks, uncertainties and factors which could
cause actual results to differ materially, there may be others that
cause results not to be as anticipated, estimated or intended. The
Company does not intend, and does not assume any obligation, to
update this forward-looking information except as otherwise
required by applicable law.
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