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Research firm
“The volume numbers seem reasonable,” says O’Neill. “We plan to update reports quarterly.” A ‘Buy’ rating implies an expectation that the stock is anticipated to provide a total return of 15% or more within a 12-month period,”
Investors can review the research report by clicking this link http://www.hillsresearch.com/wp-content/uploads/2022/06/WHSI-Initiation-2.pdf
“We find this to be an interesting product for silver medical care online,” he concludes. “There are a growing number of internet savvy older people who wish to remain at home — not in nursing homes.”
Technology Growth Of iHelp4GMAX™ And Web-Based Platform
O’Neill sees a short-term
As a result, WHSI is viewed as already selling and building inventory of its iHelp4GMAX™ Personal Care pendant device and is seen as a next-generation unit. It is perceived to be telehealth ready along with its platform which can be plugged into numerous other devices to enable remote monitoring and data collection of essential vital signs in real time. Its IoT backend platform is a cloud-hosted service. The result is state of the art remote patient monitoring.
Triple-Digit Volume Growth Ahead For WHSI
“If it becomes profitable, this is a milestone. I don’t think they need to raise more money now But if they need to do so 12-24 months from now, it would be to raise more money to build even more units in the future,” he projects.
“We consider FY22 to be a transitional year as the company introduces its new products. We expected FY22 revenue to be below FY21, however we are forecasting triple digit growth in FY23.” It would then reach an estimated
Addressing Opportunities In The Future
WHSIis now balancing its sales to two markets: dealers and end-users. It is now heavily concentrated on selling dealers, but has made significant strides in the past year, especially using social media, to balance these streams out.
In its new 10K filing, WHSI reported 2022 hardware revenue of
The PERS Market Is Moving In The Right Direction
WHSI sees these positive moves in the PERS Market:
- According to UN statistics, by 2060 the worldwide population will have aged to over 75 to 61.6%.
- 90% of seniors say they intend to remain in their homes for the next 5-10 years.
- According to market research, three million Americans aged 65 and older are treated for falls annually
- The core offering solution for all these issues is 24/7 monitoring. These include end user portal monitoring, call triage and telemedicine.
- At just a 12.4% penetration of the market today of ages 70 and older, this is a marketplace — with plenty of room to grow forward in the future, Research shows.
WHSI’s
Its iHelp MAX™4G pendant device is seen as a next-generation unit to be telehealth ready along with its platform which can be plugged into numerous other devices to enable remote monitoring and data collection of essential vital signs in real time. Its IoT backend platform is a cloud-hosted service. The result is state of the art remote patient monitoring
- WHSI’s own investor’s deck shows it has served 8,500 end users as of
October 2022 . This includes a current order book of some 2,000+ potential activations. - WHSI sees the PERS market as highly fragmented and highly competitive. It is bullish and seeks some 5,000 new devices to feed the marketplace.
CONCLUSION
WHSI’s high-tech new iHelp MAX™ 4G device is built for dual-action entry into a low-penetration, fast-growth marketplace of dealers and end-users. Overriding global logistics concerns, WHSI now has proper inventory levels to sell into the market this state-of-the-art device. Its newest 10K shows this is a Company able to de-lever its debt — loans and payables — and is ready to grow. The new report by
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Contact Details
+1 585-301-7700
markrmckelvie@gmail.com
Company Website
http://razorpitch.com
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