Skylight Health Group Inc (SLHGF)

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I’m impressed with Skylight Health Group’s recent Q3 ‘22 results - particularly the fact that this tiny $25.4M market cap company has generated $20.8M revenues by Q3. Their future outlook is equally positive now that they’ve reached sufficient scale to organically grow their lines of businesses including Medicare and Medicare Advantage.

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Mike Powell Nov 24, 2022 4:07PM ET

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Skylight Health Group recently reported positive results from their Q3 ‘22 results including revenue growth of +152% YoY reaching $20.8M. Even stronger results from their cost-saving initiatives reducing annual cost base by $10M+. Their forthcoming strategy is to develop growth organically now they’ve reached sufficient scale and this is through growth in their business lines including Medicare and Medicare Advantage.

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Jeremy Lin Nov 08, 2022 5:27PM ET

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Healthcare in the US has always been an important market highly resistant to fluctuations in the economy. $5M isn't a small amount of money, so with a multi-billion dollar company backing them, Skylight has significant potential to scale the business as they continue to develop their clinical network.

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Jeremy Lin Oct 28, 2022 3:12PM ET

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The recent capital raise's benefits greatly outweigh the dilution that it'll create. In a market like this, the companies that are improving their margins and have significant backing will be the ones that'll benefit. Echelon Capital even stated that the company could more than triple from here due to growth potential and the current undervalued status against industry peers: https://www.cantechletter.com/2022/10/skylight-health-is-more-than-a-triple-from-here-says-echelon/

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Jeremy Lin Oct 25, 2022 2:43PM ET

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The $5M will go a long way for company development. The institutional backing only shows that there's potential for significant growth here as Skylight continues to aggressively expand operations across the US and improve EBIDTA margins each quarter.

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Jeremy Lin Oct 18, 2022 2:53PM ET

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One of the main problems with medical clinics today is a lack of optimization both for costs and administration. Skylight's network is creating a more effective environment where patients can get the treatment they need, and the clinic can maximize profitability. Considering the growth projections and current valuation, there's a lot of untapped potential.

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Jeremy Lin Oct 13, 2022 1:26PM ET

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Now trading on the OTCQX and have received DTC Eligibility under SLHGF. This means that the company will now have more transparency and will be more visible to US investors who are interested in the company and its rapidly expanding footprint across the US.

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Matty Silverstoone Aug 17, 2021 12:02PM ET

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Very impressed with the financial results for Q2! Rev increased 184%, 13% organic growth from existing primary care clinics, and $11.8M cash balance. Love to see them achieve their largest rev quarter and ending it with the addition of new clinics, providers and patient panels.

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Matty Silverstoone Aug 09, 2021 3:08PM ET

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Lake Street recently initiated coverage for $SLHG with a buy rating and a pt of $8. As they continue to acquire clinics and focus on their value-based care model resulting in improved patient care, this one has lots of potential imo.

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Henry Wong Jul 26, 2021 3:16PM ET

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Skylight Health Group is an extremely unique Healthcare service tech provider operating 30 clinics, across 14 states, and serving over 120,000 patients - and one of the fastest growing multi-disciplinary health systems in the US. With their VBC model for payment disrupting the industry FFS standard, they are market leaders that emphasize quality over volume leading to better patient outcomes, reduced cost for delivery, and driving better financial performance. Their recent ACO partnership acquisitions provide clear and significant strides toward this foundational goal as they will not be participating in the Medicare Shared Savings programs effective Jan 1, 2022. $SLHG is definitely one to watch!

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