WELL Health Technologies Corp
TSX:WELL

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WELL Health Technologies Corp
TSX:WELL
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Price: 7.06 CAD 0.14% Market Closed
Market Cap: 1.8B CAD
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Gross Margin
WELL Health Technologies Corp

44.2%
Current
50%
Average
47.1%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
44.2%
=
Gross Profit
422.9m
/
Revenue
957.7m

Gross Margin Across Competitors

Country CA
Market Cap 1.8B CAD
Gross Margin
44%
Country US
Market Cap 75.6B EUR
Gross Margin
11%
Country US
Market Cap 77.9B USD
Gross Margin
11%
Country US
Market Cap 56B USD
Gross Margin
14%
Country DE
Market Cap 26B EUR
Gross Margin
25%
Country DE
Market Cap 18.9B EUR
Gross Margin
24%
Country US
Market Cap 19.3B USD
Gross Margin
28%
Country US
Market Cap 17.7B USD
Gross Margin
19%
Country US
Market Cap 17.1B USD
Gross Margin
33%
Country DE
Market Cap 13B EUR
Gross Margin
25%
Country US
Market Cap 12.7B USD
Gross Margin
33%
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WELL Health Technologies Corp
Glance View

Market Cap
1.8B CAD
Industry
Health Care

In the digital age of healthcare, WELL Health Technologies Corp. emerges as a quiet but formidable innovator, weaving technology and wellness into a comprehensive ecosystem. Founded in 2010, the company has grown from its Canadian roots to become a major player in the health-tech landscape, driven by a mission to modernize and improve healthcare access. WELL Health operates primarily within the electronic medical records (EMR) sector, offering physicians and clinics a seamless transition from traditional paper-based systems to robust digital platforms. With a series of strategic acquisitions, WELL has expanded its portfolio to include telehealth services, medical services, and digital health applications, effectively building an integrated network that caters to both healthcare providers and patients. This blend of services positions WELL Health as a pioneer in overhauling how healthcare systems interact with technology, thereby laying the groundwork for a more efficient, patient-centric approach. WELL Health Technologies generates revenue through a multifaceted business model that hinges on its diverse array of service lines. The company earns by licensing its EMR software to clinics and practitioners, ensuring a steady stream of recurring revenue. Additionally, its telehealth services, which provide virtual healthcare consultations, have gained traction, especially amid the increased demand for remote healthcare solutions. The acquisition strategy further enriches WELL’s revenue sources, allowing it to tap into various niche markets such as cybersecurity for healthcare data and provider billing services. These services not only diversify WELL Health’s income streams but also enhance the value proposition to its users by offering a one-stop shop for healthcare solutions. Through a carefully orchestrated expansion, WELL Health Technologies continues to redefine the synergy between health and technology, anchoring itself firmly as a vital conduit in the ever-evolving healthcare domain.

WELL Intrinsic Value
6.3 CAD
Overvaluation 11%
Intrinsic Value
Price

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
44.2%
=
Gross Profit
422.9m
/
Revenue
957.7m
What is the Gross Margin of WELL Health Technologies Corp?

Based on WELL Health Technologies Corp's most recent financial statements, the company has Gross Margin of 44.2%.