Vitalhub Corp. · TSX:VHI
Vitalhub — Q1 2025 Earnings Presentation
22 slides from Vitalhub's earnings presentation, May 9, 2025
Slide 1: Investor presentation
Investor presentation July 2025 TSX:VHI OTCQX:VHIBF
Slide 2: Disclaimer
Disclaimer This Corporate Presentation (the “Presentation”) has been prepared by management of Vitalhub Corp. (“VitalHub” or the “Company”) and is based on public information and the Company’s confidential information. This Presentation is for information purposes only and is being made available on
Slide 3: Who We Are
Who We Are VitalHub is a leading software company dedicated to empowering Health and Human Services providers Established in 2010 1,300+ customers Headquartered in Toronto Across the UK, Canada, and other regions 600+ employees 50+ unique solutions Including offshore Innovations Lab Optimizing healt
Slide 4: Market Opportunity | Global Healthcare Digitalization
Market Opportunity | Global Healthcare Digitalization Focus on single-payer regions with an increasing emphasis on digital transformation $10 billion Focus region Total health spend opportunity The UK £180B (1) across the UK, Canada, Australia, Canada $350B (2) and the Mid-East Australia A$140B (3)
Slide 5: Digital Solutions Drive Organic Growth
Digital Solutions Drive Organic Growth Diversified portfolio of digital solutions Patient Flow & EHR, Case Management & Workforce Automation Operational Visibility Care Coordination & Compliance Patient Flow EHR Systems Healthcare portals ~20 products ~20 modules Service point journey tools (pre-, d
Slide 6: Digital Solutions Case Study | Patient Flow
Digital Solutions Case Study | Patient Flow Patient Service-point Create a mobile appointment Journey Join a virtual clinic Appointment Portal SMS Reminders Virtual Clinics Virtual Clinics Patient check Patient registration Patient waits for Procedure performed Performance Results are shared in pers
Slide 7: Digital Solutions Case Study | Operational Visibility
Digital Solutions Case Study | Operational Visibility VitalHub solutions improve transparency and communication through real-time whole system visibility, integrated information for coordinated care, and optimization of patient movement 7
Slide 8: Digital Solutions Case Study | EHR System
Digital Solutions Case Study | EHR System Deployed in long term care, clinical care, mental health, addiction, and other community health settings Registration and Integrated care Billing, reporting Facilities enrollment management and dashboards Social worker Doctor Administrator Facilities / nurse
Slide 9: Mergers & Acquisitions | Strategy
Mergers & Acquisitions | Strategy Synergistic consolidation strategy with a clearly defined framework for increasing growth and profitability Consolidate G&A Cost-Effective R&D Optimize S&M Grow Together One central functional The Innovations Lab Implementation of Cross-sell and upsell area improves
Slide 10: Mergers & Acquisitions | Model
Mergers & Acquisitions | Model 1.0-2.5x $2-20M $0+ 400+ Revenue Multiple Annual Revenue Breakeven or Global Pipeline Profitable 5-7 Year 60%+ 20%+ VHI Cash Payback Recurring Revenue Adj. EBITDA Combination of Margin Target Cash and Stock 10
Slide 11: Mergers & Acquisitions | History
Mergers & Acquisitions | History 2016 2017 2018 2018 2018 2019 2019 2020 2020 2021 2021 2021 2022 2022 2022 2022 2023 2024 2024 2024 2024 2025 2025 Patient Flow EHR, Case Management Workforce Automation & Operational Visibility & Care Coordination & Compliance 11
Slide 12: VitalHub Innovations Lab
VitalHub Innovations Lab Offshore Sri Lankan team centralizes core functions, allowing VitalHub to scale effectively Founded in 2007 200+ developers, engineers and quality assurance professionals 12
Slide 13: Financial Performance | Highlights
Financial Performance | Highlights $89.6M $21.7M 100%+ 80% ARR (1) Total Quarterly Net Revenue Gross Margin (2) Revenue (2) Retention +14% +42% 3-6% 26% Organic ARR Total Revenue Gross Annual Adj. EBITDA Growth (2) Growth (2) Churn Margin (2) (1) As at March 31, 2025, pro forma the acquisitions of I
Slide 14: Financial Performance | Annual Recurring Revenue
Financial Performance | Annual Recurring Revenue $73.7M ARR Added From Acquisitions $71.1M $51.3M $53.5M $47.8M $42.6M $44.6M $41.0M +14% +14% +15% +18% +16% +15% +15% +17% Q2/23 Q3/23 Q4/23 Q1/24 Q2/24 Q3/24 Q4/24 Q1/25 Stable Organic Annual Recurring Revenue Growth 14
Slide 15: Financial Performance | Revenue Subscription Mix
Financial Performance | Revenue Subscription Mix Recurring Subscription Revenue $21.7M $20.6M $16.2M $16.5M $15.3M $13.1M $13.2M $13.6M 86% 85% 82% 80% 84% 78% 82% 83% Q2/23 Q3/23 Q4/23 Q1/24 Q2/24 Q3/24 Q4/24 Q1/25 Recurring Subscription Revenue Historically 80% of Revenue 15
Slide 16: Financial Performance | Revenue Organic Expansion
Financial Performance | Revenue Organic Expansion Incremental Organic Growth $21.7M Acquired Revenue Base $20.6M $16.2M $16.5M $15.3M 46% 48% $13.1M $13.2M $13.6M 52% 51% 51% 44% 45% 46% 52% 54% 56% 55% 54% 49% 48% 49% Q2/23 Q3/23 Q4/23 Q1/24 Q2/24 Q3/24 Q4/24 Q1/25 Incremental Organic Growth Increa
Slide 17: Financial Performance | Profitability
Financial Performance | Profitability Adj. EBITDA 81% 81% 81% 80% $5.6M Software Gross Margin Profile $5.0M $4.6M $4.2M 26% 28% 26% 25% Stable Adj. EBITDA Margin Strong TTM Gross CFO Conversion (1) 78% 64% 65% 63% Q2/24 Q3/24 Q4/24 Q1/25 Q2/24 Q3/24 Q4/24 Q1/25 (1) “Gross CFO” defined as Cash Flow f
Slide 18: Liquidity and Capitalization
Liquidity and Capitalization $35M+ $0M 56.5M 15%+ Cash (1) Debt Common Shares (1) Insider Ownership (2) $3.7M $65M 3.9M 70%+ Average TTM Available Debt Options and DSUs (1) Insider and Institutional Quarterly FCF Capacity No Warrants Ownership (2) (1) As at March 31, 2025, pro forma the acquisitions
Slide 19: Leadership | Executive Team
Leadership | Executive Team Dan Matlow President & CEO Vijit Coomara EVP of Development ▪ Over 35 years of experience in technology with a focus on Health IT ▪ Over 30 years of experience in Development and Technology ▪ Previously CEO & Founder at Medworxx ▪ Previously CTO & Co-Founder at B Sharp ▪
Slide 20: Leadership | Board of Directors
Leadership | Board of Directors Dan Matlow President & CEO Barry Tissenbaum, CPA, CA ▪ Over 35 years of experience in technology with a focus on Health IT ▪ Retired former Senior Partner with Ernst & Young ▪ Previously CEO & Founder at Medworxx ▪ Currently serves on the Noranda Income Fund Board, an
Slide 21: Why Invest
Why Invest Compound cash flow growth, drive long-term value 1 2 3 Accretive M&A Cost Optimization ARR Growth Expand platform Leverage offshore Organically grow with technologically, hub and software global penetration operationally, and scale benefits to and cross-sell financially accretive expand c
Slide 22: TSX:VHI OTCQX:VHIBF
Dan Matlow President & CEO dan.matlow@vitalhub.com Brian Goffenberg, CPA, CA CFO & EVP brian.goffenberg@vitalhub.com Christian Sgro, CPA, CA, CFA Head of IR and M&A Specialist christian.sgro@vitalhub.com TSX:VHI OTCQX:VHIBF