Hydreight Technologies is a vertically integrated mobile health platform that combines SaaS-based technology with healthcare services, regulatory compliance, payments, and pharmacy distribution.
Hydreight operates a high-margin, technology-driven business model built around three complementary platforms that serve nurses, telemedicine providers, and direct-to-consumer (DTC) health brands.
My near-term target for Hydreight would be to trade at an EV/S of 3-4x over the next 12 months as the revenues accelerate with the VSDHONe platform, putting the value at $8.2 – $11 per share, but I could see it garner an even higher multiple in the future as the business scales.