Hydreight Technologies Inc ( (TSE:NURS) ) has shared an announcement.
Hydreight Technologies Inc. reported record financial results for 2024, with a 31% increase in topline revenue to $22.32 million and a 39% rise in GAAP revenue to $16.04 million. The company achieved positive Adjusted EBITDA of $490K, marking a significant turnaround from a loss in 2023. Hydreight was recognized on Deloitte’s Technology Fast 50 and Fast 500 lists, and completed a $5.4 million financing to support future growth. The company plans to scale its VSDHOne platform in 2025, focusing on franchise white-label and pharmacy growth, setting the stage for further expansion.
More about Hydreight Technologies Inc
Hydreight Technologies Inc. is a rapidly expanding mobile clinical network and medical platform that provides flexible, at-home healthcare services across all 50 U.S. states.
YTD Price Performance: -15.91%
Average Trading Volume: 104,934
Technical Sentiment Signal: Sell
Current Market Cap: C$45.96M
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