Wellteq Digital Health Inc. Corporate Update Shows... | INN - Investing News Network

SaaS revenue growth +100% for the year ended June 30, 2021 . User growth exceeds 100% for the calendar year to date. Growing client base of multi-national corporate institutions. New corporate partnerships to accelerate premium SaaS revenue streams. Continued investment in expanding the team and technology. Strong treasury with CA$7.15m cash reserves . WellteQ Digital Health Inc. a leading global provider of digital …

  • SaaS revenue growth +100% for the year ended June 30, 2021 (unaudited).
  • User growth exceeds 100% for the calendar year to date.
  • Growing client base of multi-national corporate institutions.
  • New corporate partnerships to accelerate premium SaaS revenue streams.
  • Continued investment in expanding the team and technology.
  • Strong treasury with CA$7.15m cash reserves (August 31, 2021).

WellteQ Digital Health Inc. (CSE:WTEQ) (OTCQB:WTEQF) (the “Company” or “Wellteq”), a leading global provider of digital health and wellness solutions, is pleased to provide the following corporate update.

Digital Health SaaS Revenue Growth and User Growth

Wellteq serves enterprise customers and in doing so generates four revenue streams within the corporate wellness sector, the largest being Software-as-a-Service (SaaS). The Company expects the audited SaaS revenue for the year ended June 30, 2021, to be in the range of CA$1.1M to CA$1.25M representing greater than 100% growth year-over-year from SaaS revenues for the previous year ended June 30, 2020....



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