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An update from WELL Health Technologies Corp ( (TSE:WELL) ) is now available.
WELL Health Technologies Corp has announced an update on its Canadian Clinics business, reflecting improved financial guidance and an expanded credit facility. The company is ahead of internal expectations, forecasting over $450 million in revenue and over $60 million in Adjusted EBITDA for fiscal 2025. This growth is driven by both organic expansion and strategic acquisitions, including two new clinics in British Columbia, contributing significantly to the company’s revenue and operational scale. Additionally, WELL has extended its credit facility to $200 million, supporting further expansion and cost optimization initiatives aimed at enhancing efficiency and operational excellence across its Canadian clinics.
The most recent analyst rating on (TSE:WELL) stock is a Buy with a C$6.00 price target. To see the full list of analyst forecasts on WELL Health Technologies Corp stock, see the TSE:WELL Stock Forecast page.
Spark’s Take on TSE:WELL Stock
According to Spark, TipRanks’ AI Analyst, TSE:WELL is a Neutral.
WELL Health Technologies Corp’s overall stock score is primarily driven by strong corporate events and positive technical indicators. However, challenges in achieving profitability and valuation concerns due to a negative P/E ratio weigh down the score. The company’s positive corporate actions and market momentum offer potential upside, but financial and valuation challenges remain significant.
To see Spark’s full report on TSE:WELL stock, click here.
More about WELL Health Technologies Corp
WELL Health Technologies Corp is a company focused on leveraging technology to empower healthcare providers and their patients, primarily operating in the healthcare industry. The company is involved in the digitization and modernization of primary care clinics, aiming to improve health outcomes through its Canadian Clinics segment, which includes primary care and diagnostics divisions.
Average Trading Volume: 901,085
Technical Sentiment Signal: Sell
Current Market Cap: C$1.07B
For an in-depth examination of WELL stock, go to TipRanks’ Overview page.