Financials Healwell AI Inc.

Equities

AIDX

CA42249X1006

IT Services & Consulting

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-09-19 pm EDT			5-day change	1st Jan Change
1.460 ^CAD	+0.69%		+2.10%	+94.67%

Sep. 10	Well Health Completes Acquisition of B.C. Clinics, Provides Update on Canadian Clinics Portfolio	MT
Sep. 10	Well Health Brief: Providing Corporate Update on Canadian Clinics "Reflecting Strong Growth Momentum and Return on Invested Capital (ROIC) Performance"	MT

Projected Income Statement: Healwell AI Inc.

Fiscal Period: Dezember	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	46.29	38.57	47.82	53.22	7.317	39.58	70.39	90.7
Change	-	-16.67%	23.96%	11.3%	-86.25%	440.86%	77.88%	28.84%
EBITDA ¹	-	4.518	-4.644	-9.356	-7.954	-12	-3.844	1.861
Change	-	-	-	101.46%	-14.99%	-50.86%	67.97%	-
EBIT ¹	-	-3.294	-15.06	-	-16.82	-24.8	-13.36	-4.657
Change	-	-	357.32%	-100%	-	-47.44%	46.12%	65.14%
Interest Paid	-	-0.607	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	-	-	-16.29	-	-32.68	-23.95	-19.26	-4.813
Change	-	-	-	-100%	-	26.72%	19.59%	75.01%
Net income ¹	-0.1203	-	-15.67	-	-31.54	-22.65	-18.87	-4.544
Change	-	-100%	-	-100%	-	28.2%	16.68%	75.92%
Announcement Date	12/11/20	3/30/21	3/31/22	3/31/23	3/28/24	-	-	-

¹CAD in Million

Estimates

Fiscal Period: Dezember	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2
Net sales ¹	10.98	10.03	11.21	12.64	13.94	13.02	13.81	12.59	13.8	-	2.753	1.921	4.579	5.683	14.24	18.36	15.71	16.5	16.86	20.27	17.7	18.63
Change	-	-8.68%	11.74%	12.79%	10.24%	-6.57%	6.1%	-8.88%	9.63%	-100%	-	-30.22%	138.37%	24.11%	150.61%	28.91%	-14.45%	5.02%	2.24%	20.19%	-12.69%	5.28%
EBITDA ¹	0.3	-0.659	-0.691	-1.824	-1.514	-2.421	-2.936	-2.152	-1.789	-	-4.535	-1.464	-2.562	-3.676	-3.535	-2.939	-1.43	-0.881	-0.347	-0.034	1.225	1.319
Change	-	-	4.86%	163.97%	-17%	59.91%	21.27%	-26.7%	-16.87%	-100%	-	-67.72%	75%	43.48%	3.83%	16.86%	51.35%	38.39%	60.61%	90.2%	-	7.67%
EBIT ¹	-3.013	-2.623	-3.058	-5.33	-4.551	-4.763	-5.064	-5.119	-	-	-	-3.886	-	-7.336	-6.315	-4.86	-4.097	-3.548	-3.014	-2.701	-1.495	-1.401
Change	-	-12.94%	16.58%	74.3%	-14.62%	4.66%	6.32%	1.09%	-100%	-	-	-	-100%	-	13.92%	23.04%	15.7%	13.4%	15.05%	10.38%	44.65%	6.29%
Charge d'intérêts	-0.1429	-0.125	-0.107	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	-	-2.736	-3.389	-5.47	-4.691	-5.037	-5.445	-5.588	-	-	-7.771	-6.107	-6.509	2.052	-7.372	-6.566	-4.336	-3.687	-3.053	-2.74	-1.534	-1.44
Change	-	-	23.87%	61.4%	-14.24%	7.38%	8.1%	2.63%	-100%	-	-	-21.41%	6.58%	-	-	10.95%	33.96%	14.97%	17.2%	10.25%	44.01%	6.13%
Net income ¹	-	-2.458	-2.833	-5.438	-4.94	-4.322	-4.229	-9.1	-	-9.805	-7.791	-6.311	-5.927	2.582	-7.181	-6.417	-4.093	-3.481	-2.882	-2.587	-1.448	-1.359
Change	-	-	15.26%	91.95%	-9.16%	-12.51%	-2.15%	115.18%	-100%	-	-20.54%	-19%	-6.08%	-	-	10.64%	36.22%	14.95%	17.21%	10.24%	44.03%	6.15%
Announcement Date	3/30/21	5/13/21	8/16/21	11/15/21	3/31/22	5/16/22	8/15/22	11/14/22	3/31/23	8/15/23	11/14/23	3/28/24	5/14/24	8/12/24	-	-	-	-	-	-	-	-

¹CAD in Million

Estimates

Forecast Balance Sheet: Healwell AI Inc.

Fiscal Period: Dezember	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-5.42	5.62	-	-	-	-
Change	-	-	-	3.69%	-	-	-	-
Announcement Date	12/11/20	3/30/21	3/31/22	3/31/23	3/28/24	-	-	-

Estimates

Cash Flow Forecast: Healwell AI Inc.

Fiscal Period: Dezember	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	0.085	0.833	0.312	0.066	1.493	1.672	1.839
Change	-	880%	-62.55%	-78.85%	2,162.12%	11.99%	9.99%
Free Cash Flow (FCF) ¹	4.137	-7.931	-8.658	-	-10.5	-16.7	-
Change	-	-291.71%	9.17%	-	-	59.05%	-100%
Announcement Date	3/30/21	3/31/22	3/31/23	3/28/24	-	-	-

¹CAD in Million

Estimates

Forecast Financial Ratios: Healwell AI Inc.

Fiscal Period: Dezember	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	-	11.71%	-9.71%	-17.58%	-108.71%	-30.32%	-5.46%	2.05%
EBIT Margin (%)	-	-8.54%	-31.5%	-	-229.85%	-62.66%	-18.98%	-5.13%
EBT Margin (%)	-	-	-34.06%	-	-446.67%	-60.52%	-27.36%	-5.31%
Net margin (%)	-0.26%	-	-32.77%	-	-431.12%	-57.23%	-26.81%	-5.01%
FCF margin (%)	-	10.73%	-16.59%	-16.27%	-	-26.53%	-23.72%	-
FCF / Net Income (%)	-	-	50.61%	-	-	46.36%	88.49%	-
Profitability
ROA	-4.43%	-15.69%	-27.24%	-24.58%	-22.14%	-	-	-
ROE	-5.19%	-82.19%	-103.67%	-96.99%	-183.88%	-	-	-
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-0.6x	-	-	-	-
Debt / Free cash flow	-	-	-	-0.65x	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	0.22%	1.74%	0.59%	0.9%	3.77%	2.38%	2.03%
CAPEX / EBITDA (%)	-	1.88%	-17.94%	-3.33%	-0.83%	-12.44%	-43.5%	98.82%
CAPEX / FCF (%)	-	2.05%	-10.5%	-3.6%	-	-14.22%	-10.01%	-
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EPS ¹	-	-	-0.33	-0.42	-0.55	-0.18	-0.1125	-0.055
Change	-	-	-	27.27%	30.95%	-67.27%	-37.5%	-51.11%
Nbr of stocks (in thousands)	-	-	48,905	50,075	87,987	150,599	150,599	150,599
Announcement Date	-	-	3/31/22	3/31/23	3/28/24	-	-	-