WELL Health posts record revenue and adjusted EBITDA in 2Q2021 with revenue up 484% year-over-year and adjusted gross profit up 615%.
WELL's growth was primarily driven by the acquisition of CRH Medical Corporation and a 432% year-over-year increase in revenue from Virtual Services.
WELL is well on track to achieve its 2021 goals of: expanding its platform to empower and educate general practitioners; and providing its services both internally to WELL healthcare practitioners and to healthcare practitioners outside of WELL
Personally, I got in on Thursday with a relatively small position. Keep in mind that the company has a market cap of just 1 billion and thus brings volatility and other risks as well. Nevertheless, there is of course also enormous potential :)
Do you know Well Health and what is your opinion?
