VitalHub Reports Strong Growth and Profitability

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.

For further insights into TSE:VHI stock, check out TipRanks’ Stock Analysis page.