Latest news with #WELLHealth
Yahoo
3 days ago
- Business
- Yahoo
Shopify, Lightspeed, and WELL Health: Are They Good Buys Today?
Written by Sneha Nahata at The Motley Fool Canada The Canadian benchmark index has cooled slightly after achieving a new all-time high as concerns over an economic slowdown eased. Despite this upward trajectory, some of the technology stocks haven't followed suit, showing weaker performance compared to the broader market. For instance, Shopify (TSX:SHOP), Lightspeed (TSX:LSPD), and WELL Health (TSX:WELL) remain well below their previous highs, even as broader sentiment improves. As these Canadian stocks are trading at a discounted valuation, let's explore what's behind their recent performance and whether now might be the right time to buy in. Shopify's stock has faced pressure recently, mainly due to broader economic uncertainty that could impact consumer discretionary spending. However, the company's underlying fundamentals remain strong, and its solid financial performance suggests that the stock could be poised for a rebound, making it an attractive option for long-term investors. In the first quarter, Shopify reported a robust 27% increase in revenue along with a 15% free cash flow margin. This marks the eighth straight quarter with revenue growth exceeding 25%. Moreover, its Gross Merchandise Volume (GMV) has grown by over 20% for seven consecutive quarters. This track record highlights Shopify's ability to scale profitably and deliver sustainable long-term earnings. Several growth drivers could help propel Shopify stock higher. Shopify's offline and B2B operations are gaining traction, generating strong GMV. Its international business is also delivering solid growth. Another key growth area is Shopify Payments, which reached a 64% GMV penetration in the first quarter and expanded into 16 new markets, strengthening its leadership in the omnichannel commerce space. Despite economic challenges, Shopify's expanding merchant base, global footprint, and strong financial metrics indicate resilience and potential for sustained growth. For investors with a long-term outlook, now may be an opportune time to buy Shopify stock. Lightspeed stock has taken a significant hit, trading well below its peak despite steady revenue growth and improving average revenue per user (ARPU). In fiscal 2025, the company reported $1.1 billion in revenue, representing an 18% year-over-year increase. Its strategy centres on high-grossing Transaction Value (GTV) customers who utilize multiple modules of its platform, resulting in improved retention, higher margins, and increased revenue per user. Lightspeed's ARPU rose 13% to $489, while subscription ARPU climbed 11%, reflecting strong demand for its integrated POS and payment solutions. Moreover, its investment in product development, along with cost management and customer retention efforts, positions it well to deliver solid growth ahead. However, despite its efforts to improve its financials, Lightspeed stock has yet to rebound, remaining stuck after its steep correction. Until investor confidence returns, Lightspeed remains a show-me story, implying its recovery may still take time. WELL Health Technologies stock has faced pressure in 2025, mainly due to tariff uncertainties and a delay in revenue recognition from its U.S. subsidiary, Circle Medical. Despite this, the company's core performance remains strong. In Q1 2025, WELL reported 1.6 million patient visits, a 23% year-over-year increase led by a 29% surge in Canadian visits and 13% organic growth. Its Canadian operations, including WELLSTAR and clinics, continue to be a significant growth engine. Strategic acquisitions have also enhanced its tech capabilities, expanding future growth potential. The company will benefit from consistent demand for omnichannel healthcare services and its focus on boosting operational efficiency. Backed by a healthy balance sheet, WELL Health is reducing debt and limiting share dilution, which will reinforce investors' confidence in the stock. Moreover, its growing presence in Canada's clinical market and a discounted valuation make WELL Health an attractive long-term investment. The post Shopify, Lightspeed, and WELL Health: Are They Good Buys Today? appeared first on The Motley Fool Canada. More reading Made in Canada: 5 Homegrown Stocks Ready for the 'Buy Local' Revolution [PREMIUM PICKS] Market Volatility Toolkit Best Canadian Stocks to Buy in 2025 Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Sneha Nahata has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Shopify. The Motley Fool recommends Lightspeed Commerce. The Motley Fool has a disclosure policy. 2025 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
05-06-2025
- Business
- Globe and Mail
WELL Health Announces Appointment of Ric Leong as its Chief Accounting Officer
WELL Health Technologies Corp. (TSX: WELL) (OTCQX: WHTCF) ('WELL' or the 'Company'), a digital healthcare company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, is pleased to announce the recent appointment of Ric Leong, CPA, CA, BSc. as WELL's Chief Accounting Officer, effective May 20th. Mr. Leong's primary focus is to strengthen the Company's financial reporting processes as well as WELL's financial integration efforts in support of its expansive acquisition strategy. Mr. Leong will also work to enhance financial planning and analysis (FP&A) capabilities in alignment with the Company's overarching growth plans. As Chief Accounting Officer, Mr. Leong will lead WELL's accounting operations, including public company reporting and FP&A, reporting to Eva Fong, the Company's Chief Financial Officer and working closely with the rest of the leadership Team at WELL. Hamed Shahbazi, Chairman and CEO of WELL Health commented, 'We are extremely pleased to extend a very warm welcome Ric to WELL's senior leadership team. Ric brings a wealth of experience as a senior financial executive in high-growth technology environments. Ric's proven track record in driving process improvements and creating shareholder value, particularly during his time at Avigilon and Hootsuite, will provide tremendous value as WELL continues to scale its operations.' Mr. Leong most recently served as Senior Vice President, Finance of Vancouver-based social media management company Hootsuite Inc., where he led financial due diligence on several strategic acquisitions, including the transformative acquisition of Talkwalker, an AI-powered social listening platform. He also arranged credit facilities to support growth and acquisition capital, contributing to the company's balance sheet strength and long-term financial strategy. Previously, he was Chief Financial Officer at Avigilon Corporation, a video surveillance and analytics company acquired by Motorola Solutions, Inc. in 2018. In both roles, Mr. Leong demonstrated a strong ability to create shareholder value through disciplined financial leadership and operational efficiency. Mr. Leong articled with KPMG LLP and is a Chartered Professional Accountant. He holds a Bachelor of Science degree and a Diploma in Accounting from the University of British Columbia. 'I am excited to join WELL Health at this pivotal stage of its growth,' said Mr. Leong. 'WELL's mission to tech-enable healthcare providers as well as modernize, digitize and positively transform healthcare resonates deeply with me. I look forward to contributing to the Company's continued success and supporting its financial operations and strategic objectives.' WELL HEALTH TECHNOLOGIES CORP. Per: 'Hamed Shahbazi' Hamed Shahbazi Chief Executive Officer, Chairman and Director WELL Health Technologies Inc. About WELL Health Technologies Corp. WELL's mission is to tech-enable healthcare providers. We do this by developing the best technologies, services, and support available, which ensures healthcare providers are empowered to positively impact patient outcomes. WELL's comprehensive healthcare and digital platform includes extensive front and back-office management software applications that help physicians run and secure their practices. WELL's solutions enable more than 42,000 healthcare providers between the US and Canada and power the largest owned and operated healthcare ecosystem in Canada with more than 210 clinics supporting primary care, specialized care, and diagnostic services. In the United States WELL's solutions are focused on specialized markets such as the gastrointestinal market, women's health, primary care, and mental health. WELL is publicly traded on the Toronto Stock Exchange under the symbol 'WELL' and on the OTC Exchange under the symbol 'WHTCF'. To learn more about the Company, please visit:
National Post
05-06-2025
- Business
- National Post
WELL Health Announces Appointment of Ric Leong as its Chief Accounting Officer
Article content WELL has appointed Ric Leong, CPA, CA, BSc., as Chief Accounting Officer, where he will lead WELL's accounting operations and financial planning functions as it continues to scale its business and pursue growth through acquisitions. Mr. Leong was previously the CFO of Avigilon at the time of its $1B exit to Motorola Solutions. Most recently, Mr. Leong 's last position was leading the finance and accounting team at Hootsuite as SVP of Finance. Mr. Leong's primary focus is to strengthen the Company's financial reporting processes as well as WELL's financial integration efforts in support of its expansive acquisition strategy. Mr. Leong will also work to enhance financial planning and analysis (FP&A) capabilities in alignment with the Company's overarching growth plans. Article content VANCOUVER, British Columbia & TORONTO — WELL Health Technologies Corp. (TSX: WELL) (OTCQX: WHTCF) ('WELL' or the 'Company'), a digital healthcare company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, is pleased to announce the recent appointment of Ric Leong, CPA, CA, BSc. as WELL's Chief Accounting Officer, effective May 20th. Article content Mr. Leong's primary focus is to strengthen the Company's financial reporting processes as well as WELL's financial integration efforts in support of its expansive acquisition strategy. Mr. Leong will also work to enhance financial planning and analysis (FP&A) capabilities in alignment with the Company's overarching growth plans. As Chief Accounting Officer, Mr. Leong will lead WELL's accounting operations, including public company reporting and FP&A, reporting to Eva Fong, the Company's Chief Financial Officer and working closely with the rest of the leadership Team at WELL. Article content Hamed Shahbazi, Chairman and CEO of WELL Health commented, 'We are extremely pleased to extend a very warm welcome Ric to WELL's senior leadership team. Ric brings a wealth of experience as a senior financial executive in high-growth technology environments. Ric's proven track record in driving process improvements and creating shareholder value, particularly during his time at Avigilon and Hootsuite, will provide tremendous value as WELL continues to scale its operations.' Article content Mr. Leong most recently served as Senior Vice President, Finance of Vancouver-based social media management company Hootsuite Inc., where he led financial due diligence on several strategic acquisitions, including the transformative acquisition of Talkwalker, an AI-powered social listening platform. He also arranged credit facilities to support growth and acquisition capital, contributing to the company's balance sheet strength and long-term financial strategy. Previously, he was Chief Financial Officer at Avigilon Corporation, a video surveillance and analytics company acquired by Motorola Solutions, Inc. in 2018. In both roles, Mr. Leong demonstrated a strong ability to create shareholder value through disciplined financial leadership and operational efficiency. Article content Mr. Leong articled with KPMG LLP and is a Chartered Professional Accountant. He holds a Bachelor of Science degree and a Diploma in Accounting from the University of British Columbia. Article content 'I am excited to join WELL Health at this pivotal stage of its growth,' said Mr. Leong. 'WELL's mission to tech-enable healthcare providers as well as modernize, digitize and positively transform healthcare resonates deeply with me. I look forward to contributing to the Company's continued success and supporting its financial operations and strategic objectives.' Article content WELL HEALTH TECHNOLOGIES CORP. Article content Per: 'Hamed Shahbazi' Hamed Shahbazi Chief Executive Officer, Chairman and Director WELL Health Technologies Inc. Article content About WELL Health Technologies Corp. Article content WELL's mission is to tech-enable healthcare providers. We do this by developing the best technologies, services, and support available, which ensures healthcare providers are empowered to positively impact patient outcomes. WELL's comprehensive healthcare and digital platform includes extensive front and back-office management software applications that help physicians run and secure their practices. WELL's solutions enable more than 42,000 healthcare providers between the US and Canada and power the largest owned and operated healthcare ecosystem in Canada with more than 210 clinics supporting primary care, specialized care, and diagnostic services. In the United States WELL's solutions are focused on specialized markets such as the gastrointestinal market, women's health, primary care, and mental health. WELL is publicly traded on the Toronto Stock Exchange under the symbol 'WELL' and on the OTC Exchange under the symbol 'WHTCF'. To learn more about the Company, please visit: Article content Article content Article content Contacts Article content For more information: Article content Article content Tyler Baba Article content Article content Article content
Business Wire
05-06-2025
- Business
- Business Wire
WELL Health Announces Appointment of Ric Leong as its Chief Accounting Officer
VANCOUVER, British Columbia & TORONTO--(BUSINESS WIRE)--WELL Health Technologies Corp. (TSX: WELL) (OTCQX: WHTCF) ('WELL' or the 'Company'), a digital healthcare company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, is pleased to announce the recent appointment of Ric Leong, CPA, CA, BSc. as WELL's Chief Accounting Officer, effective May 20th. Mr. Leong's primary focus is to strengthen the Company's financial reporting processes as well as WELL's financial integration efforts in support of its expansive acquisition strategy. Mr. Leong will also work to enhance financial planning and analysis (FP&A) capabilities in alignment with the Company's overarching growth plans. As Chief Accounting Officer, Mr. Leong will lead WELL's accounting operations, including public company reporting and FP&A, reporting to Eva Fong, the Company's Chief Financial Officer and working closely with the rest of the leadership Team at WELL. Hamed Shahbazi, Chairman and CEO of WELL Health commented, 'We are extremely pleased to extend a very warm welcome Ric to WELL's senior leadership team. Ric brings a wealth of experience as a senior financial executive in high-growth technology environments. Ric's proven track record in driving process improvements and creating shareholder value, particularly during his time at Avigilon and Hootsuite, will provide tremendous value as WELL continues to scale its operations.' Mr. Leong most recently served as Senior Vice President, Finance of Vancouver-based social media management company Hootsuite Inc., where he led financial due diligence on several strategic acquisitions, including the transformative acquisition of Talkwalker, an AI-powered social listening platform. He also arranged credit facilities to support growth and acquisition capital, contributing to the company's balance sheet strength and long-term financial strategy. Previously, he was Chief Financial Officer at Avigilon Corporation, a video surveillance and analytics company acquired by Motorola Solutions, Inc. in 2018. In both roles, Mr. Leong demonstrated a strong ability to create shareholder value through disciplined financial leadership and operational efficiency. Mr. Leong articled with KPMG LLP and is a Chartered Professional Accountant. He holds a Bachelor of Science degree and a Diploma in Accounting from the University of British Columbia. 'I am excited to join WELL Health at this pivotal stage of its growth,' said Mr. Leong. 'WELL's mission to tech-enable healthcare providers as well as modernize, digitize and positively transform healthcare resonates deeply with me. I look forward to contributing to the Company's continued success and supporting its financial operations and strategic objectives.' WELL HEALTH TECHNOLOGIES CORP. Per: 'Hamed Shahbazi' Hamed Shahbazi Chief Executive Officer, Chairman and Director WELL Health Technologies Inc. WELL's mission is to tech-enable healthcare providers. We do this by developing the best technologies, services, and support available, which ensures healthcare providers are empowered to positively impact patient outcomes. WELL's comprehensive healthcare and digital platform includes extensive front and back-office management software applications that help physicians run and secure their practices. WELL's solutions enable more than 42,000 healthcare providers between the US and Canada and power the largest owned and operated healthcare ecosystem in Canada with more than 210 clinics supporting primary care, specialized care, and diagnostic services. In the United States WELL's solutions are focused on specialized markets such as the gastrointestinal market, women's health, primary care, and mental health. WELL is publicly traded on the Toronto Stock Exchange under the symbol 'WELL' and on the OTC Exchange under the symbol 'WHTCF'. To learn more about the Company, please visit:
National Post
28-05-2025
- Business
- National Post
WELL Health Reports HEALWELL AI and WELLSTAR Subsidiaries Are Selected for Canada Health Infoway's Vendor Innovation Program
Article content WELL Health is pleased to report that HEALWELL's wholly owned subsidiary Intrahealth, non-wholly owned subsidiary Pentavere along with WELLSTAR's subsidiary OceanMD have been selected by Canada Health Infoway as recipients for the 2025 Vendor Innovation Program. The Vendor Innovation Program is designed to accelerate the development, clinical implementation and adoption of interoperability in healthcare settings across Canada. Intrahealth, Pentavere and OceanMD are engaging in projects that accelerate the adoption of interoperability by improving data quality, enhancing care coordination, and expanding access to standardized, actionable health information for patients and clinicians across Canada. Their projects were selected not only based on technical merit, but for their demonstrated potential to deliver real, lasting impact on Canada's digital health priorities. Three out of the eight winners of the Vendor Innovation Program are from the WELL Health and HEALWELL families. This achievement highlights the group's leadership and innovation in the digital health sector, further solidifying its role in transforming healthcare in Canada. Article content Article content VANCOUVER, British Columbia & TORONTO — WELL Health Technologies Corp. (TSX: WELL) (OTCQX: WHTCF) ('WELL' or the 'Company'), a digital healthcare company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, is pleased to announce that HEALWELL AI Inc. (TSX: AIDX, OTCQX: HWAIF)(' HEALWELL '), and WELLSTAR Technologies Inc. (' WELLSTAR '), subsidiaries, Intrahealth Systems Limited ('Intrahealth'), (non-wholly owned) Pentavere Research Group Inc. ('Pentavere'), and 2355581 Ontario Inc. dba OceanMD ('OceanMD'), have been selected by Canada Health Infoway (' Infoway '), as recipients of the 2025 Vendor Innovation Program (VIP), recognizing integrated, forward-looking solutions that will help advance connected care, improve patient access to their health information, and enhance care coordination across the Canadian health system. Article content Infoway's Vendor Innovation Program (VIP) is designed to accelerate the development and clinical implementation of real-world interoperability innovations that are aligned with the Shared Pan-Canadian Interoperability Roadmap. The program empowers selected vendors to develop and implement innovations that accelerate the adoption of interoperability. This year's winning projects exemplify how innovation can accelerate the adoption of interoperability by improving data quality, enhancing care coordination, and expanding access to standardized, actionable health information for patients and clinicians. Article content 'The Vendor Innovation Program is a critical component in mobilizing Canada's digital health industry,' says Abhi Kalra, Executive Vice President, Connected Care at Canada Health Infoway. 'By supporting the implementation of real-world solutions in clinical settings, we are helping to demonstrate what's possible when innovation is aligned with national priorities and focused on the needs of patients and care teams.' Article content Dr. Alexander Dobranowski, CEO of HEALWELL, said, 'Intrahealth and Pentavere's recognition through the Vendor Innovation Program demonstrates the tremendous impact HEALWELL companies are having in the digital health landscape. Both companies are at the forefront of transforming healthcare delivery with innovative solutions that enhance data-driven care coordination, streamline workflows, and empower clinicians to deliver better patient outcomes. We remain committed to improving patient care and supporting healthcare providers with actionable insights, while also focusing on addressing the needs of underserved and rural communities, where our technology can make the most meaningful difference.' Article content Amir Javidan, CEO of WELLSTAR, said, 'We are incredibly proud to see OceanMD, as part of WELLSTAR, recognized for its innovation in improving healthcare outcomes through digital technologies. This recognition is a testament to the exceptional work our team is doing in transforming patient care, and we are excited to see the impact this will have in clinical settings across Canada. In total, WELL Health and HEALWELL companies have earned significant recognition in this prestigious program, with three out of the eight winners coming from the WELL Health family. This achievement highlights our leadership and innovation in the digital health sector, further solidifying our role in transforming healthcare across Canada.' Article content Selected from more than 40 applications across the country, the 2025 VIP cohort reflects the breadth of Canada's healthcare landscape, including solutions targeting primary care, acute care, and Indigenous and rural communities. The three recipient projects from the WELL Health family are as follows: Article content Pentavere: Integrating its DARWEN™ AI system with EMRs to generate clinician-facing patient summaries, reducing chart review time and improving provider efficiency. OceanMD: Enhancing its eReferral system with open APIs and AI automation to streamline referral workflows and support real-time clinical decision-making. Intrahealth: Developing standardized FHIR-based tools to enable seamless, accurate transfer of full patient records between EMR systems across Canada. Article content These projects were selected not only for their technical merit, but for their demonstrated potential to deliver real, lasting impact on Canada's digital health priorities. These three initiatives will be deployed in live clinical environments, across Alberta, British Columbia, Ontario, New Brunswick, and Nova Scotia, providing tangible value to patients, clinicians, and health system leaders. Article content WELL HEALTH TECHNOLOGIES CORP. Article content Per: 'Hamed Shahbazi' Hamed Shahbazi Chief Executive Officer, Chairman and Director WELL Health Technologies Inc. Article content WELL's mission is to tech-enable healthcare providers. We do this by developing the best technologies, services, and support available, which ensures healthcare providers are empowered to positively impact patient outcomes. WELL's comprehensive healthcare and digital platform includes extensive front and back-office management software applications that help physicians run and secure their practices. WELL's solutions enable more than 42,000 healthcare providers between the US and Canada and power the largest owned and operated healthcare ecosystem in Canada with more than 210 clinics supporting primary care, specialized care, and diagnostic services. In the United States WELL's solutions are focused on specialized markets such as the gastrointestinal market, women's health, primary care, and mental health. WELL is publicly traded on the Toronto Stock Exchange under the symbol 'WELL' and on the OTC Exchange under the symbol 'WHTCF'. To learn more about the Company, please visit: Article content Canada Health Infoway (Infoway) is an independent, not-for-profit organization funded by the federal government and accountable to its Board of Directors and Members of the Corporation (Canada's 14 federal, provincial and territorial deputy ministers of health). Infoway is led by a team of seasoned professionals who are specialists in their respective fields, including health care, administration, information technology and privacy. Learn more online at Article content Certain statements in this press release, constitute 'forward-looking information' and 'forward looking statements' (collectively, 'forward looking statements') within the meaning of applicable Canadian securities laws, including the Company's, WELLSTAR's, and HEALWELL's plan to further develop and deploy technologies in clinical environments. Forward-looking statements are often, but not always, identified by words or phrases such as 'building', 'scaling', 'to become', 'opportunity', 'burgeoning', 'continue to', 'focus', 'believe', 'pursue', 'entering', 'growth', 'expect', 'intend', 'anticipate' or variations of such words and phrases or statements that certain future conditions, actions, events or results 'will', 'may', 'could', 'would', 'should', 'might' or 'can' be taken, occur or be achieved, or the negative of any of these terms. Forward-looking statements are necessarily based upon management's perceptions of historical trends, current conditions and expected future developments, as well as a number of specific factors and assumptions that, while considered reasonable by the Company, HEALWELL, and WELLSTAR as of the date of such statements, are outside of their control and are inherently subject to significant business, economic and competitive uncertainties and contingencies which could result in the forward-looking statements ultimately being entirely or partially incorrect or untrue. Forward looking statements contained in this press release are based on various assumptions, including, but not limited to: WELL's, HEALWELL's and WELLSTAR's ability to further develop the technologies identified above, and identifying customers interested in deploying such technologies in a clinical environment; the continued adoption of the software, tools and solutions created by WELL, WELLSTAR and HEALWELL; sufficiency of working capital and access to financing; WELL's, WELLSTAR's and HEALWELL's ability to comply with applicable laws and regulations; technologies working as intended or at all; trends in customer growth and the adoption of new technologies in the industry; and that the risk factors noted below, collectively, do not have a material impact on HEALWELL's business, operations, revenues and/or results. By their nature, forward-looking statements are subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections, or conclusions will not prove to be accurate, that assumptions may not be correct, and that objectives, strategic goals and priorities will not be achieved. Article content Known and unknown risk factors, many of which are beyond the control of WELL and HEALWELL, could cause the actual results of WELL and HEALWELL to differ materially from the results, performance, achievements, or developments expressed or implied by such forward-looking statements. Such risk factors include but are not limited to those factors which are discussed under the section entitled 'Risk Factors' in WELL's most recent annual information form dated April 15, 2025, which is available under WELL's SEDAR+ profile, and HEALWELL's most recent annual information form dated March 31, 2025, which is available under HEALWELL's SEDAR+ profile. The risk factors are not intended to represent a complete list of the factors that could affect WELL and HEALWELL and the reader is cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking statements. There can be no assurance that forward looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are provided for the purpose of providing information about management's expectations and plans relating to the future. WELL and HEALWELL disclaim any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, or to explain any material difference between subsequent actual events and such forward-looking statements, except to the extent required by applicable law. All of the forward-looking statements contained in this press release are qualified by these cautionary statements. Article content Article content Article content Contacts Article content For more information: Article content Article content Article content
