Business
WELL Health's Wisp Surpasses One Million Patients Served and $100M CAD in Runrate Revenues and Rolls out Ambitious Growth Plan
WELL Health's Wisp Surpasses One Million Patients Served and $100M CAD in Runrate Revenues and Ro...
About this update from Well Health Technologies Corp.
[{"type":"text","content":"\n\n\n\n WELL Health's Wisp Surpasses One Million Patients Served and $100M CAD in Runrate Revenues and Rolls out Ambitious Growth Plan\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n Wisp surpasses one million patients, solidifying its status as the largest and fastest-growing telehealth platform in\n \n the United States\n \n serving women's health needs with a focus on sexual and reproductive health.\n \n\n\n July 2024\n \n revenue run rate exceeds\n \n USD$78 million\n \n , bringing Wisp's annualized revenue to over\n \n CAD$100 million\n \n . Wisp achieved 30% year-over-year revenue growth with less than\n \n $2 million\n \n in primary capital, highlighting its efficient and scalable growth model.\n \n\n Wisp continues to innovate with the launch of over ten new products, including expanded offerings in fertility, menopause, and at-home testing while it prepares for additional significant product launches later this year.\n \n\n\n\n\n NEW YORK\n \n and\n \n VANCOUVER, BC\n \n\n ,\n \n\n Aug. 21, 2024\n \n\n /CNW/ - 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 its majority-owned subsidiary, Wisp, the leading sexual and reproductive telehealth provider in\n \n the United States\n \n , has officially achieved two important milestones. It has surpassed: 1- one million patients served nationwide in\n \n the United States\n \n and 2- Recorded more than\n \n $78M\n \n US or\n \n $100M\n \n CAD in runrate revenue for the first time based on its July results. This milestone firmly establishes Wisp as the largest and fastest-growing telehealth platform for women, offering innovative and first-to-market products throughout every stage of a woman's health journey.\n \n\n\n\n\n\n\n\n\n \"Reaching well over one million patients and continuing our revenue runrate to over\n \n $78M\n \n US with profitability...