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yup i remember last 10Q improvement
🤑go RNVA
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.
Direct Costs of Revenues
Direct costs of revenue increased by $0.7 million for the nine months ended September 30, 2023 compared to the nine months ended September 30, 2022. We attribute the increase primarily to higher salaries and wages and supply costs. Salaries and wages increased primarily due to greater inpatient admissions and increased non-clinical staffing, partially offset by reduced contract labor. Central supplies increased as a result of the increase in patient admissions.
General and Administrative Expenses
General and administrative expenses increased by $1.6 million in the nine months ended September 30, 2023 compared to the 2022 period. Myrtle and our hospital operations contributed approximately $0.6 million and $1.2 million of the increase, respectively, partially offset by a reduction of approximately $0.2 million of corporate related expenses. Myrtle began accepting patients on August 14, 2023. Our hospital operations general and administrative expenses increased primarily due to increased employee related expenses, professional and purchased services and property taxes.
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.
I DONT ARGUE WITH BEARS 🤣🤣🤣😉 GOOD LUCK BEAR BEARS ARE SCREWED THEY CAN SPEW NEGATIVITY ALL WEEKEND IT WILL NOT CHANGE WHATS COMING AND THE R/S THEORY IS DIED IN THE WATER I BEEN YEAR 2 YEARS LISTENING TO THE SAME OLD FUD LOL LOL ASK YOURSELF WHY ARE CERTAIN BEARS IN PANIC MODE 🤣🤣🤣🤣🤣🤣🤣🤣 THOSE BILLIONS OF SHARE WILL HAVE TO BE COVERED 😉🤑🤑🤑🤑 GOOD BYE SLEEP WELL BEARS TIC TOK TIC TOK 🤣🤣🤣🤣🤣
Rennova Health had revenue of $20.30M in the twelve months ending September 30, 2023, with 113.44% growth year-over-year. Revenue in the quarter ending September 30, 2023 was $3.54M with 25.20% year-over-year growth. In the year 2022, Rennova Health had annual revenue of $13.04M with 304.36% growth.
🤑🤑🤑🤑🤑🤑🤑🤑🤑
you can spew negativity all weekend bear 🐻 it wont change the turn around this company has accomplished the past 2years which will soon turn the PPS around good luck 🤑
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.
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 🤣🤣🤣
PLUS 250BILLION AUTHORIZED SHARES NO R/S WHEN COVER TIME BEARS WILL SHIT IN THE WOODS LOL LOL GOOD LUCK THIS YEAR BEARS ARE BUCKED STOP LIVING IN THE PAST ITS 2024 🤣🤡🤡🤡🤡🤡🤡🤡🤡
HEY BEARS WORKING OVERTIME OVER THE WEEKEND WILL NOT SAVE YOU FOR WHAT IS TO COME LOL GOOD LUCK PAY UP REAL SOON 🐻
you are rite, thanks my friend.😎
The bears will always be pessimistic and not finding anything good about companies even when its starring in they face thats they job 🐻😉🤣
HEY BEARS STACKING THE ASK IS NOT GOING TO CHANG WHAT IS COMING 🤣🤣🤣😉🤑🤑🤑🤑🤑🤑🤑🤑
.
P.S GOOD LUCK BEARS 🐻
AT LEAST WE KNOW WHO THE TRUE BEARS ARE SMILE WOLVES WITH SHEEPS CLOTHING 🤣🤣😉 🤑🤑🤑🤑🤑 BE READY BEARS 🐻
no they are just letting those who need to get in at 0001 before the RUN 😉🚀🚀🚀🚀🚀
GOOD LUCK BEARS YOU GOING TO NEED IT 2024+ 🔥🚀🚀🚀🚀🚀🚀🚀🤑🤑🤑🤑🤑🤑
Yesterday's Darkpool
Short Interest 2,001,200 shares - source: FINRA
Short Interest Ratio 0.08 Days to Cover
Off-Exchange Short Volume 39,029,985 shares - source: FINRA (inc. Dark Pool volume)
Off-Exchange Short Volume Ratio 68.01 % - source: FINRA (inc. Dark Pool volume)
Finpedia Article Rennova Health
why not expect the best 😉
🤡🤡🤡🤡🤡🤡🤡🤡🤡
im expecting 10k on time this year no NT 10K like last year 😉
i cant wait till 10k drops by April 1 😉
yesterday's DarkPool
Short Interest 2,001,200 shares - source: FINRA
Short Interest Ratio 0.10 Days to Cover
Off-Exchange Short Volume 100,923,634
shares - source: FINRA (inc. Dark Pool volume)
Off-Exchange Short Volume Ratio 87.40 % -
source: FINRA (inc. Dark Pool volume)
Finpedia Article Rennova Health
LOW VOLUME 🤣 peanuts SELLS say what you want 🤡🤡🤡🤡🤡🤡🤡🤡🤡
ASK is going up because BEARS are stacking it with little peanuts no worries here day to day mean nothing 🤣🤣🤣 good luck TIC TOK TIC TOK 🤑🤑🤑🤑🤑🤑🤑🤑
Today's DarkPool
Short Interest 2,001,200 shares - source: FINRA
Short Interest Ratio 0.10 Days to Cover
Off-Exchange Short Volume 100,923,634
shares - source: FINRA (inc. Dark Pool volume)
Off-Exchange Short Volume Ratio 87.40 % -
source: FINRA (inc. Dark Pool volume)
Finpedia Article Rennova Health
keep messing around BEAR who's pumping posting positive facts is not pumping also everyone know risk on OTC I bet the SEC watching these boards after the BASHING complaints that been filed for months on end smile
https://watcher.guru/news/sec-charges-investment-adviser-in-naked-short-selling-scheme
SHORTS have it bad over shorting RNVA big mistakes
https://www.zerohedge.com/markets/short-sellers-help-lead-surge-sec-whistleblower-tips
paint down 🤣🤣🤣🤣🤣🤣
🤡🤡🤡🤡🤡🤡🤡🤡🤡
Today's DarkPool
Short Interest 2,001,200 shares - source: FINRA
Short Interest Ratio 0.11 Days to Cover
Off-Exchange Short Volume 3,100,323 shares - source: FINRA (inc. Dark Pool volume)
Off-Exchange Short Volume Ratio 42.45 % - source: FINRA (inc. Dark Pool volume)
Finpedia Article Rennova Health
Fridays Darkpool
Short Interest 2,001,200 shares - source: FINRA
Short Interest Ratio 0.02 Days to Cover
Off-Exchange Short Volume 33,867,865 shares - source: FINRA (inc. Dark Pool volume)
Off-Exchange Short Volume Ratio 73.44 % - source: FINRA (inc. Dark Pool volume)
Finpedia Article Rennova Health
thats what all the bears say that bet against RNVA get over it my friend 2024+ 🤑 good luck BEAR 🐻
i hope so 🤣🤣🤣🤣🤣🤣 not unless ceo sending others to discourage to get cheapies 😉
Remember ceo has majority of shares 😉
you are 100% clown 🤣🤣🤣🤣🤣🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡
who cares about tomorrow BEAR 🐻 10k coming by April 1 🤣🤣🤣 no worries here🤑
P.s ceo had done a great job 😉
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 🤣🤣🤣
PLUS 250BILLION AUTHORIZED SHARES NO R/S WHEN COVER TIME BEARS WILL SHIT IN THE WOODS LOL LOL GOOD LUCK THIS YEAR BEARS ARE BUCKED STOP LIVING IN THE PAST ITS 2024 🤣🤡🤡🤡🤡🤡🤡🤡🤡
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 🤣🤣🤣
PLUS 250BILLION AUTHORIZED SHARES NO R/S WHEN COVER TIME BEARS WILL SHIT IN THE WOODS LOL LOL GOOD LUCK THIS YEAR BEARS ARE BUCKED STOP LIVING IN THE PAST ITS 2024 🤣🤡🤡🤡🤡🤡🤡🤡🤡
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.
InnovaQor, Inc. (OTC: INQR) update.
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.
InnovaQor, Inc. (OTC: INQR) update. InnovaQor in 2023 initiated and continues to develop Curallo, a next-generation communication platform for medical professionals that will offer subscription-based services. We believe the success of InnovaQor will benefit Rennova and its shareholders.
Moving forward
We began 2024 with positive operational momentum and seek to build on recent achievements to: (i) further expand our healthcare services offerings in the communities we serve, (ii) consider options to reopen or create value from our closed hospital property, (iii) continue to improve our balance sheet and overall financial condition, and (iv) further reduce litigation and related costs.
Consideration for expansion of healthcare services will include our hospital-based services and behavioral health services provided by Myrtle Recovery Centers, Inc. We continue to evaluate the best ways to create value for Rennova and its shareholders from our investments in InnovaQor, Inc.
We appreciate the support of our shareholders and look forward to increasing shareholder value in 2024.🤑
Todays dark Pool
Off-Exchange Short Volume 33,867,865 shares - source: FINRA (inc. Dark Pool volume)
Off-Exchange Short Volume Ratio 73.44 % - source: FINRA (inc. Dark Pool volume)
Finpedia Article Rennova Health
dont worry bear ceo has done a great job good luck🤣🤑🤑🤑🤑
WEST PALM BEACH, Fla., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Rennova Health, Inc. (OTC: RNVA) Chief Executive Officer, Seamus Lagan provides the following message to shareholders.
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.
InnovaQor, Inc. (OTC: INQR) update.
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.
InnovaQor, Inc. (OTC: INQR) update. InnovaQor in 2023 initiated and continues to develop Curallo, a next-generation communication platform for medical professionals that will offer subscription-based services. We believe the success of InnovaQor will benefit Rennova and its shareholders.
Moving forward
We began 2024 with positive operational momentum and seek to build on recent achievements to: (i) further expand our healthcare services offerings in the communities we serve, (ii) consider options to reopen or create value from our closed hospital property, (iii) continue to improve our balance sheet and overall financial condition, and (iv) further reduce litigation and related costs.
Consideration for expansion of healthcare services will include our hospital-based services and behavioral health services provided by Myrtle Recovery Centers, Inc. We continue to evaluate the best ways to create value for Rennova and its shareholders from our investments in InnovaQor, Inc.
We appreciate the support of our shareholders and look forward to increasing shareholder value in 2024.🤑
Best regards,
Seamus Lagan
Chief Executive Officer
p.s no one cares about the past
WEST PALM BEACH, Fla., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Rennova Health, Inc. (OTC: RNVA) Chief Executive Officer, Seamus Lagan provides the following message to shareholders.
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.
InnovaQor, Inc. (OTC: INQR) update.
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.
InnovaQor, Inc. (OTC: INQR) update. InnovaQor in 2023 initiated and continues to develop Curallo, a next-generation communication platform for medical professionals that will offer subscription-based services. We believe the success of InnovaQor will benefit Rennova and its shareholders.
Moving forward
We began 2024 with positive operational momentum and seek to build on recent achievements to: (i) further expand our healthcare services offerings in the communities we serve, (ii) consider options to reopen or create value from our closed hospital property, (iii) continue to improve our balance sheet and overall financial condition, and (iv) further reduce litigation and related costs.
Consideration for expansion of healthcare services will include our hospital-based services and behavioral health services provided by Myrtle Recovery Centers, Inc. We continue to evaluate the best ways to create value for Rennova and its shareholders from our investments in InnovaQor, Inc.
We appreciate the support of our shareholders and look forward to increasing shareholder value in 2024.
Best regards,
Seamus Lagan
Chief Executive Officer
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 🤣🤣🤣
PLUS 250BILLION AUTHORIZED SHARES NO R/S WHEN COVER TIME BEARS WILL SHIT IN THE WOODS LOL LOL GOOD LUCK THIS YEAR BEARS ARE BUCKED STOP LIVING IN THE PAST ITS 2024 🤣🤡🤡🤡🤡🤡🤡🤡🤡
nobody cares about the 9 reverse splits only BEARS that live in the past 😉 250billion shares authorized meaning no need for a reverse split 🤑🤡🤡🤡🤡🤡🤡🤡
ceo has full control of SHARES 🤣🤑 im glad he did those R/S in the past 🤑🤑🤑🤑🤑🤑🤑
YOU ARE RITE THE TRUTH THAT CEO HAS THE CASH TO BUY SHARES BACK 100% 🤑🤑🤑🤑🤑🤑🤑
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 🤣🤣🤣
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 🤣🤣🤣