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Yesterdays Darkpool
Short Interest 500,000 shares - source: FINRA
Short Interest Ratio 0.14 Days to Cover
Off-Exchange Short Volume 2,095,200 shares - source: FINRA (inc. Dark Pool volume)
Off-Exchange Short Volume Ratio 25.02 % - source: FINRA (inc. Dark Pool volume)
Finpedia Article Rennova Health
yesterday's Dark Pool
Short Interest Ratio 0.02 Days to Cover
Off-Exchange Short Volume 9,786,071 shares - source: FINRA (inc. Dark Pool volume)
Off-Exchange Short Volume Ratio 13.50 % - source: FINRA (inc. Dark Pool volume)
Finpedia Article Rennova Health
Today Darkpool
Short Interest 500,000 shares - source: FINRA
Short Interest Ratio 0.02 Days to Cover
Off-Exchange Short Volume 9,786,071 shares - source: FINRA (inc. Dark Pool volume)
Off-Exchange Short Volume Ratio 13.50 % - source: FINRA (inc. Dark Pool volume)
Finpedia Article Rennova Health
No REVERSE SPLIT FACTS 😉🤑
Lagan stated that there were approximately two hundred and fifty billion shares authorized meaning that there was no need for a reverse split for the foreseeable future. He confirmed that the Company currently had no plans to complete a reverse split.
To hear Seamus Lagan’s entire interview, follow the link to the podcast here:
https://audioboom.com/posts/8157101-rennova-health-inc-provides-update-to-the-stock-day-podcast.
We appreciate the support of our shareholders and look forward to increasing shareholder value in 2024.
I truly believe we will see ceo delivering shareholder value in 2024 🤑
thats all the bears talk about 9 R/S 🤣🤣 STOP IT 250BILLION AUTHORIZED MEANING NO R/S keep dreaming sell us another BRIDGE 🤡
you bears act like IHUB is the safe haven no matter what negative post won't change the positive outcome of RNVA remember that
Remember who CEO is call him a scammer all you want just wait and see the market has not caught up yet but it will 🤑🤑🤑🤑🤑🤑
go check on X it was definitely a paint down 🤣🤣🤣🤣🤣🤣 who are the bears shitting 🤡🤡🤡🤡🤡🤡 GO RNVA 🤑
P.S ITS THE CUBBIE BEARS STRESSING NOT US DONT LET THEM PLAY PSYCHOLOGY WITH YOUR MINDS 🤣🤣🤣🤣🤣🤣🤣
Yesterday 2/26 darkPool
Short Interest 11,840,200 shares - source: FINRA
Short Interest Ratio 0.45 Days to Cover
Off-Exchange Short Volume 28,691,775 shares - source: FINRA (inc. Dark Pool volume)
Off-Exchange Short Volume Ratio 72.21 % - source: FINRA (inc. Dark Pool volume)
Finpedia Article Rennova Health
🤡🤡🤡🤡🤡🤡🤡🤡🤡
GO RNVA 🤑
yesterday's Dark Pool
Short Interest 11,840,200 shares - source: FINRA
Short Interest Ratio 0.45 Days to Cover
Off-Exchange Short Volume 28,691,775 shares - source: FINRA (inc. Dark Pool volume)
Off-Exchange Short Volume Ratio 72.21 % - source: FINRA (inc. Dark Pool volume)
Finpedia Article Rennova Health
Today 2/24 DARKPOOL
Short Interest 11,840,200 shares - source: FINRA
Short Interest Ratio 0.45 Days to Cover
Off-Exchange Short Volume 28,691,775 shares - source: FINRA (inc. Dark Pool volume)
Off-Exchange Short Volume Ratio 72.21 % - source: FINRA (inc. Dark Pool volume)
Finpedia Article Rennova Health
yup BEARS BEEN STATING THIS FOR MONTHS ON END THERE WAS NO PRE-14C RITE BEAR LOL LOL LIAR hey RNVA May 23 bro get over it there was no PRE-14C FILED about R/S by the SEC that is not true why did you say it was released? VERY MISLEADING sorry ceo has done a great job.
NOBODY BELIEVES THE BEARS BULLSH$T I MEAN NO ONE FACTS YES THERE IS FREECASHFLOW AND NO R/S been hearing the same R/S THEORY MONTH'S ON END AND NOTHING LOL
yup ok you are EXTREMELY BEARISH because you got BURNT in the past FACTS thanks for the heads up plain and simple lol good luck my friend
totally different circumstances in RNVA
yup 2/23 Darkpool
Short Interest 11,840,200 shares - source: FINRA
Short Interest Ratio 0.34 Days to Cover
Off-Exchange Short Volume 1,184,910 shares - source: FINRA (inc. Dark Pool volume)
Off-Exchange Short Volume Ratio 42.35 % - source: FINRA (inc. Dark Pool volume)
Finpedia Article Rennova Health
BEARS BEEN STATING THIS FOR MONTHS ON END THERE WAS NO PRE-14C RITE BEAR LOL LOL LIAR hey RNVA May 23 bro get over it there was no PRE-14C FILED about R/S by the SEC that is not true why did you say it was released? VERY MISLEADING sorry ceo has done a great job.
NOBODY BELIEVES THE BEARS BULLSH$T I MEAN NO ONE FACTS YES THERE IS FREECASHFLOW AND NO R/S been hearing the same R/S THEORY MONTH'S ON END AND NOTHING LOL
BEEN MISLEADING SHAREHOLDERS THIS WHOLE TIME GO TO SHOW HOW THE BEARS WORK LOL LOL 😆 😂 🤣
ok you are EXTREMELY BEARISH because you got BURNT in the past FACTS thanks for the heads up plain and simple lol good luck my friend
totally different circumstances in RNVA
2/23 Darkpool 😉 clown 🤡
Short Interest 11,840,200 shares - source: FINRA
Short Interest Ratio 0.34 Days to Cover
Off-Exchange Short Volume 1,184,910 shares - source: FINRA (inc. Dark Pool volume)
Off-Exchange Short Volume Ratio 42.35 % - source: FINRA (inc. Dark Pool volume)
Finpedia Article Rennova Health
😉🤣 "Knowing how little you matter is very important for your mental health and your happiness."@naval
i agree 100% be patient the bears 🐻 clown show wont last much longer🤡🤡🤡🤡🤡🤡🤑🤑🤑🤑🤑
BEARS PLEASE STOP WITH THIS R/S STUFF CEO HAS THE CASH TO BUY SHARES BACK 🤑🤑🤑🤑🤑🤑🤑
Smart investors love companies that produce plenty of free cash flow (FCF). It signals a company's ability to pay down debt, pay dividends, buy back stock, and facilitate the growth of the business.
Go RNVA CEO HAS DONE A GREAT JOB
Checkout the Free cash flow
Further, companies that generate the free cash flow (FCF) required to steadily buy back their shares often have the dominant market share and pricing power required to boost the bottom line.
RNVA
free cash flow of $3.73 million.🤑🤑🤑🤑
P.s HEY BEARS DONT GET MAD CEO HAS THE MONEY TO BUY SHARES BACK 🤣🤣🤣
NO R/S
like i said who in their rite mind will respond to BEARS or anyone that constantly complains about ceo and company LOL and trys to cause worry and doubt 🤣🤣🤣🤣 GO RNVA 2024+🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑 BEARS CLOWNS OF 2024+🤡🤡🤡🤡🤡🤡
P.s talking about the PAST R/S they have nothing else left clowns 🤡 🤡🤣🤣🤣🤣🤣🤣
who in their rite mind will respond to BEARS or anyone that constantly complains about ceo and company LOL and trys to cause worry and doubt 🤣🤣🤣🤣 GO RNVA 2024+🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑 🤡🤡🤡🤡🤡🤡
"No weapon that is fashioned against you shall prosper, and you shall confute every tongue that rises against you in judgment. This is the heritage of the servants of the Lord and their vindication from me, says the Lord" (Isaiah 54:17 NRSV).
GO RNVA 🤑🤑🤑🤑🤑
Theres also another old saying 😉 FACTS
"No weapon that is fashioned against you shall prosper, and you shall confute every tongue that rises against you in judgment. This is the heritage of the servants of the Lord and their vindication from me, says the Lord" (Isaiah 54:17 NRSV).
GO RNVA 🤑🤑🤑🤑🤑
Yesterdays Darkpool
Short Interest 11,840,200 shares - source: FINRA
Short Interest Ratio 0.95 Days to Cover
Off-Exchange Short Volume 1,708,877 shares - source: FINRA (inc. Dark Pool volume)
Off-Exchange Short Volume Ratio 37.97 % - source: FINRA (inc. Dark Pool volume)
Finpedia Article Rennova Health
i send love and peace to you brother 😉💙
GO RNVA 🤑🤑🤑🤑🤑🤑🤑
I know its a struggle being a bear 😉
only way im wrong is that if you work for Insiders for the company and know for a fact that ceo has no intentions of creating shareholder value for us shareholders 😉
cant the BEARS see no matter how much they BASH ceo and this company it didn't stop the the past 6months massive ACCUMULATION 🤣 our time will come and the positive numbers will be reflected in the PPS no worries but the BEARS job is to cause worry and doubt good luck HATERS your days are number in 2024😉🤑
Darkpool
Short Interest 11,840,200 shares - source: FINRA
Short Interest Ratio 0.60 Days to Cover
Off-Exchange Short Volume 7,297,898 shares - source: FINRA (inc. Dark Pool volume)
Off-Exchange Short Volume Ratio 8.49 % - source: FINRA (inc. Dark Pool volume)
Finpedia Article Rennova Health
johnny the BEAR came out good sign 😉🐻
GO RNVA🤑🤑🤑🤑🤑🤑🤑🤑🤑
Form 10-K: The 10-K must be filed once per year and includes the final quarter of the company's performance (replacing a fourth-quarter 10-Q). The 10-K summarizes the year, often contains more detailed information than an annual report, and must be filed within 90 days of the end of a company's fiscal year.
10-k replaces THE Q4 😉
i agree 100% us BULLS dont reply to BEARS 😉😉😉😉🤑 Dont even waste your breath let them talk to the air keep posting positive facts our time will come
great DD on Rural hospitals and healthcare by governor of Tennessee 🤑 goods time coming $RNVA 🧐https://t.co/EWYpO2NosL
PATIENCE 🤑#OTCMarkets #StockMarket #NASDAQ #NYSE #stocks #investing #Healthcare #investors #HODL $XLV $UHS $BIIB $ISRG $PODD $DHR $UNH $JNJ $LLY $MCK $ABBV $REGN $VRTX
Listen to 34:05 to 37:59
Block out the noise😉https://t.co/aO3yAawVTV
NOW IMAGINE HOW 2023 10K WILL LOOK LIKE CANT FOOL ME BEARS 🐻😉🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑
Dear Fellow Shareholders,
As we begin 2024, I want to provide an update on some of our recent accomplishments and outline our plans for the future.
Our efforts in recent years to build and sustain a viable business model for our healthcare services operations have gained momentum. 2023 was a significant year for the Company both operationally and financially. We are making great strides on both fronts as we seek to build a strong foundation to serve our patients and our communities and position the Company for long-term growth.
2023 Operational Highlights
Established robust inpatient services at our flagship hospital, Big South Fork Medical Center.
Achieved growth in emergency room and outpatient services.
Commenced a swing bed service line.
Opened a behavioral health treatment facility offering residential and inpatient detox services and outpatient, office-based opiate treatment services via our wholly-owned subsidiary Myrtle Recovery Centers, Inc.
2023 Financial Highlights
Significant net revenue growth.
Debt reduction.
Debt restructuring.
Established robust inpatient services. 2023 saw inpatient admissions increase by over 75% compared to 2022; this service line was effectively shuttered in late 2020 and early 2021 due to COVID-19 and related matters. In fact, inpatient admissions in 2023 were stronger than in 2019 (pre COVID-19). Vibrant inpatient services mean that most patients who come to our emergency room for treatment no longer need to be transferred to other regional hospitals for inpatient care.
Growth in emergency room and outpatient services. Our ER and outpatient services activity increased by 4% and 8% year-over-year respectively demonstrating the continued, stable demand for such services.
Commenced a swing bed service line. The hospital initiated a swing bed service line—a valuable, profitable service that is helpful to the local communities and other nearby providers.
Opening of a behavioral health treatment facility. We formed a new subsidiary, Myrtle Recovery Centers, Inc., and opened residential and inpatient detox services and outpatient, office-based opiate treatment services at our Big South Fork Medical Center campus in August 2023.
Significant net revenue growth. Growth in net revenues in the third quarter 2023 compared to the prior year’s quarter was 25% reflecting increased patient activity at the hospital and higher reimbursement rates. The Company reported net revenues of approximately $14.8 million for the nine-months ending September 30, 2023 and, therefore, expects to report a significant increase in full year net revenues compared to approximately $13.0 million in net revenues that were reported for 2022.
Debt reduction. Debt from year-end 2022 to September 30, 2023 was reduced from $14.5 million to $11.6 million—a reduction of $2.9 million through debt pay-downs and/or negotiated settlements.
Debt restructuring. We successfully negotiated a debt restructuring with a key institutional lender holding $8.2 million of secured debt in October 2023 to extend the maturity to December 2025 and implement other modifications which waived historical defaults thereby saving default interest in future periods. This restructuring will further improve our balance sheet at December 31, 2023.
Net Revenues
Net revenues were $14.8 million for the nine months ended September 30, 2023, as compared to $7.6 million for the nine months ended September 30, 2022, an increase of $7.3 million. We attribute the increase in net revenues to greater inpatient admissions, increased outpatient and emergency room services, higher reimbursement rates and certain collections from prior periods related to Critical Access Hospital designation at our Big South Fork Medical Center. We began billing as a Critical Access Hospital in the three months ended June 30, 2022 retroactive to June 30, 2021.
Income (Loss) from Continuing Operations Before Other Income (Expense), Income Taxes and Net Loss Attributable to Noncontrolling Interest
Our income from continuing operations before other income (expense), income taxes and net loss attributable to noncontrolling interest for the nine months ended September 30, 2023 was $2.2 million compared to a loss of $2.8 million for the nine months ended September 30, 2022. We attribute the $5.0 million improvement in the nine months ended September 30, 2023 to the $7.3 million increase in net revenues in the nine months ended September 30, 2023 compared to the comparable 2022 period, partially offset by higher direct costs of revenues and general and administrative expenses in the nine months ended September 30, 2023 versus the 2022 period.
Net Revenues
Net revenues were $13.0 million for the year ended December 31, 2022, as compared to $3.2 million for the year ended December 31, 2021, an increase of $9.8 million. We attribute the increase in net revenues primarily due to retroactive and current billings and collections and increased inpatient admissions at our Big South Fork Medical Center. We began billing as a Critical Access Hospital in the three months ended June 30, 2022 retroactive to July 1, 2021.
Loss from Continuing Operations Before Other Income (Expense) and Income Taxes
Our loss from continuing operations before other income (expense) and income taxes for the year ended December 31, 2022 was $1.4 million compared to a loss of $12.5 million for the year ended December 31, 2021. We attribute the decrease in the operating loss primarily to the increase in net revenues, the asset impairment charge in 2021 as well as the reduction in general and administrative expenses.
Piotroski F-Score for Rennova Health, Inc.
In 2000, Joseph Piotroski published a paper titled "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers." This paper described a method of using data from a company's financial reports to help predict future performance.
The Piotroski F-Score, as it is known, is a 9-point discrete score, where 9 is the best, that ranks companies based on a number of financial factors. To calculate the score, we compare nine factors from the two most recent annual reports. If the change in the factor is "good", then we add one to the score. If the change in the factor is "not good", then we add zero. The following explanations are quoted from the paper.
F-Score
8 /9
🤑🤑🤑🤑🤑🤑🤑 I can't wait to see 10-k
if millionaires BUY and invest how much you think that 250,000,000,000 will matter.😉🤑
BASHING AND PUMPING ALL THE SAME THOSE THAT BELIEVE IN THE COMPANY POST POSITIVE FACTS WE ARE CALLED PUMPERS AND THOSE WHO DO NOT BELIEVE IN THE COMPANY AND BRING UP NEGATIVE ASSUMPTIONS OR DWELL ON THE NEGATIVE PAST AND THE NOT POSITIVE PRESENT ARE BASHERS BUT EITHER WAY FACT IS RNVA IS BIGGER THEN IHUB AND PRICE WILL FOLLOW IM JUST VERY OPTIMISTIC ABOUT MY INVESTMENT IM NOT A PAID PUMPER WHEN MANY SELL AFTER WE GET A BID I WILL STILL BE HERE BECAUSE I TRULY BELIEVE 🤑😉
Margins 🤑
Gross margin is 63.10%, with operating and profit margins of 17.96% and 11.66%.
Gross Margin 63.10%
Operating Margin 17.96%
Pretax Margin 14.83%
Profit Margin 11.66%
EBITDA Margin 24.45%
EBIT Margin 22.63%
FCF Margin 18.36%
RNVA FCF Yield 91.90% 🤑🤑🤑🤑🤑🤑
KEY TAKEAWAYS
A higher free cash flow yield is ideal because it means a company has enough cash flow to satisfy all of its obligations.
If the free cash flow yield is low, it means investors aren't receiving a very good return on the money they're investing in the company.
The free cash flow yield gives investors an idea of how financially capable a company is at having quick access to cash in case of unexpected debts or other obligations, or how much cash would be available if the company had to be liquidated.
Dividends & Yields
Rennova Health does not appear to pay any dividends at this time.
Dividend Per Share n/a
Dividend Yield n/a
Earnings Yield 58.36%
FCF Yield 91.90%
No REVERSE SPLIT FACTS 😉🤑
Lagan stated that there were approximately two hundred and fifty billion shares authorized meaning that there was no need for a reverse split for the foreseeable future. He confirmed that the Company currently had no plans to complete a reverse split.
To hear Seamus Lagan’s entire interview, follow the link to the podcast here:
https://audioboom.com/posts/8157101-rennova-health-inc-provides-update-to-the-stock-day-podcast.