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$21.73 Million Reasons To Discover Bloom Health $BLMH $BLMHF After 2021 Results
The small cap world hasn't seen any shortage of companies trying to capitalize on the COVID Pandemic - but after close to 2 years the market has enough information to differentiate between those talking the talk - and those walking the walk.
Bloom Health Partners $BLMH $BLMHF is far beyond a COVID testing company. Rather, $BLMH has become a trusted occupational health and safety service provider to enterprise level companies that can no longer manage all of the health and safety requirements of its employees created by the pandemic.
LET THE $$ DO THE TALKING
More than just lip service, sometimes you just have to let the numbers do the talking, so here are the 2021 financial results for Bloom Health Partners $BLMH
REVENUES $9,843,767
ADJUSTED EBITDA $2,399,626.
CASH ON HAND $5,598,296.
And if we ended this summary right there, there are very few small cap companies in the world that wouldn’t love to have this level of success
DEEPER LOOK INTO FINANCIALS ONLY TELLS HALF THE STORY
Reading the press release we see this note with respect to revenues:
“Revenues from the acquisition date of July 14, 2021 to September 30, 2021 of $9,843,767”
WHAT?
In the first half of 2021, prior to the acquisition date, Round Hill Health Partners achieved the following in the first six calendar months of 2021:
REVENUES $USD 11,888,654
NET INCOME $USD 5,507,998
If you consolidate both revenue numbers you get an even more amazing picture of what $BLMH is capable of …. $21.7 MILLION
Now this isn’t an accounting number because we’re combining pre-acquisition and post-acquisition numbers … but as an academic exercise it gives investors a much stronger potential peak into what $BLMH might have in store for Fiscal 2022.
WHAT DOES BLOOM HEALTH PARTNERS DO?
$BLMH provides a fully outsourced occupational healthy and safety solution, as well as, integrated laboratories all over the United States for:
Services delivered include intelligent COVID testing, laboratories and health data management.
As a result $BLMH is experiencing tremendous demand for testing across the US and Canada from clients looking for a capable health partner that can provide long-term solutions to keep their operations running.
To this end, $BLMH recently announced a Contract With State of Texas For K-12 Schools .. which followed the same kind of contract with the State of Arkansa.
Listen this powerful interview with CEO Andrew Morton
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