Vitalhub Corp
OTC:VHIBF
Vitalhub Corp
VitalHub Corp develops mobile healthcare solutions that allow clinicians to access the information about patients. The company is headquartered in Toronto, Ontario. The company went IPO on 2015-07-03. The firm provides technology to health and human services providers including Hospitals, Regional Health Authorities, Mental Health, Long Term Care, Home Health, Community and Social Services. The firm products include Electronic Health Record (EHR), Case Management, Care Coordination, Patient Flow & Operational Visibility, and DOCit Mobile Apps. The company serves clients across Canada, United States of America, United Kingdom, Australia, Qatar, and Latvia. Its technologies include Blockchain, Mobile, and Web-Based Assessment, Client Management and Electronic Health Record (EHR) solutions. The company offers EHR, Case Management & Care Coordination Solutions to inpatient/outpatient care providers and community and social services focused organizations. Its Patient Flow & Operational Visibility Solutions are designed specifically for hospital and integrated health environments.
VitalHub Corp develops mobile healthcare solutions that allow clinicians to access the information about patients. The company is headquartered in Toronto, Ontario. The company went IPO on 2015-07-03. The firm provides technology to health and human services providers including Hospitals, Regional Health Authorities, Mental Health, Long Term Care, Home Health, Community and Social Services. The firm products include Electronic Health Record (EHR), Case Management, Care Coordination, Patient Flow & Operational Visibility, and DOCit Mobile Apps. The company serves clients across Canada, United States of America, United Kingdom, Australia, Qatar, and Latvia. Its technologies include Blockchain, Mobile, and Web-Based Assessment, Client Management and Electronic Health Record (EHR) solutions. The company offers EHR, Case Management & Care Coordination Solutions to inpatient/outpatient care providers and community and social services focused organizations. Its Patient Flow & Operational Visibility Solutions are designed specifically for hospital and integrated health environments.
Revenue Surge: VitalHub’s total revenue hit $32 million, up 94% year-over-year, with recurring revenue making up 74% of the total.
ARR Momentum: Annual recurring revenue (ARR) reached $93.7 million, up 15% organically and 75% including acquisitions and foreign exchange, just shy of the $100 million milestone.
Acquisition Impact: Two recent acquisitions now represent 30% of revenue, with integration and cost reduction initiatives underway and expected to impact results further in 2026.
Margin Focus: Gross margin held steady at 81%; adjusted EBITDA was $7.2 million (22% margin), down from 28% margin last year, reflecting acquisition integration.
Cash Position: The company ended the quarter with $123.8 million in cash and no debt, providing flexibility for more acquisitions.
Product Dynamics: SHREWD faces temporary headwinds in the NHS due to structural changes, but management expects other products, like Novari and Zesty, to pick up slack in the near term.
AI Initiatives: Multiple AI features are in development, with a focus on add-ons to existing products and an eye toward monetization in 2026 and beyond.
Guidance & Outlook: Management expects cost synergies and growth from recent acquisitions to drive margins back to the 26–28% range by late 2025 or early 2026.
