Replies to post #154716 on Rennova Health Inc (RNVA)

[jmoney360]

Rennova Health had revenue of $19.59M in the twelve months ending June 30, 2023, with 154.54% growth year-over-year. Revenue in the quarter ending June 30, 2023 was $6.39M with 77.17% year-over-year growth. In the year 2022, Rennova Health had annual revenue of $13.04M with 304.36% growth

[jmoney360]

Lagan responded that the current operations plus the behavioral health business should give the Company an annualized run rate of $25-30 million by year end. He went on to remind Davis that there were still some items to be fixed from previous more difficult days but explained the intention to formulate a plan before year end to duplicate the current model in the Jamestown facility in 2024, and stated that if that was successful it would be possible to leave 2024 with annualized revenues of $50-60 million. He confirmed his belief that this was achievable.

[Tennispro]

I guess what you are leaving out is the fact the other RS were before the company was profitable. Do you not think that makes a difference?

$RNVA$ Let's Go!!!