Vitalhub Corp. (TSE:VHI) has released an update.
VitalHub Corp. has reported a compelling financial performance for the fourth quarter and the entire year of 2023, with Q4 revenue surging 20% to over $13.6 million and annual revenue up by 31% to $52.5 million. The company’s focus on operational efficiency is evident in the significant increase of its EBITDA by 536% for the quarter and nearly doubling annually, alongside a robust annual recurring revenue growth of 23%. These results highlight VitalHub’s fiscal health, driven by organic growth and strategic acquisitions, positioning it as a strong player in the healthcare technology sector.
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