Currently, we estimate that Rennova Health, Inc. i
Post# of 897
(Total Views: 248)
Posted On: 03/22/2023 5:58:53 AM
Currently, we estimate that Rennova Health, Inc. is now generating in excess of $15 million in revenues annually from its Big South Fork Medical Center with a positive cash flow on a monthly basis. Rennova is expected to continue growing its revenues and could add another $10 million annually from its Myrtle Recovery Centers division, which it expects to open in the second quarter. Additionally, with the capacity for 25 medical beds, 40 mental health beds, plus operational surgical facilities, Rennova is targeting a 2024 reopening of its Jamestown, Tennessee regional hospital. This hospital previously had revenues of approximately $1.2 to $1.5 million per month.
Yet, despite its positive cash flow, proven revenue generation, and the potential for significant revenue additions, Rennova Health, Inc. is currently a triple zero stock with a market cap of just $3 million, earning the company a spot as one of Stock Day's most undervalued stocks of 2023.
Yet, despite its positive cash flow, proven revenue generation, and the potential for significant revenue additions, Rennova Health, Inc. is currently a triple zero stock with a market cap of just $3 million, earning the company a spot as one of Stock Day's most undervalued stocks of 2023.
(0)
(0)