Latest news with #SingularHealthGroup
Herald Sun
a day ago
- Business
- Herald Sun
Long Shortz: Singular Health Group
Don't miss out on the headlines from Stockhead. Followed categories will be added to My News. Stockhead's Tylah Tully chats with Singular Health Group (ASX:SHG) chief operating officer Martina Mariano, after the company secured its first US enterprise commercial contract with Provider Network Solutions, a managed service organisation covering over 3.7 million members. The $2 million deal includes the rollout of its 3DICOM MD platform and AI diagnostic integration across Florida, Texas, and Puerto Rico. This agreement not only addresses the costly issue of duplicate imaging in healthcare but also marks a strategic entry point into the US market, unlocking future national expansion opportunities. Watch the video to learn more. This video was developed in collaboration with Singular Health Group, a Stockhead advertiser at the time of publishing. The interviews and discussions in this video are opinions only and not financial or investment advice. Viewers should obtain independent advice based on their own circumstances before making any financial decisions. Originally published as Long Shortz with Singular Health: Reinforcing its place in the US market
Yahoo
22-05-2025
- Business
- Yahoo
Companies Like Singular Health Group (ASX:SHG) Are In A Position To Invest In Growth
There's no doubt that money can be made by owning shares of unprofitable businesses. By way of example, Singular Health Group (ASX:SHG) has seen its share price rise 190% over the last year, delighting many shareholders. Having said that, unprofitable companies are risky because they could potentially burn through all their cash and become distressed. In light of its strong share price run, we think now is a good time to investigate how risky Singular Health Group's cash burn is. For the purposes of this article, cash burn is the annual rate at which an unprofitable company spends cash to fund its growth; its negative free cash flow. We'll start by comparing its cash burn with its cash reserves in order to calculate its cash runway. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. A company's cash runway is calculated by dividing its cash hoard by its cash burn. In December 2024, Singular Health Group had AU$4.6m in cash, and was debt-free. Looking at the last year, the company burnt through AU$3.2m. That means it had a cash runway of around 17 months as of December 2024. That's not too bad, but it's fair to say the end of the cash runway is in sight, unless cash burn reduces drastically. Depicted below, you can see how its cash holdings have changed over time. View our latest analysis for Singular Health Group In our view, Singular Health Group doesn't yet produce significant amounts of operating revenue, since it reported just AU$878k in the last twelve months. Therefore, for the purposes of this analysis we'll focus on how the cash burn is tracking. Over the last year its cash burn actually increased by a very significant 91%. While this spending increase is no doubt intended to drive growth, if the trend continues the company's cash runway will shrink very quickly. Admittedly, we're a bit cautious of Singular Health Group due to its lack of significant operating revenues. We prefer most of the stocks on this list of stocks that analysts expect to grow. Given its cash burn trajectory, Singular Health Group shareholders may wish to consider how easily it could raise more cash, despite its solid cash runway. Generally speaking, a listed business can raise new cash through issuing shares or taking on debt. Commonly, a business will sell new shares in itself to raise cash and drive growth. By comparing a company's annual cash burn to its total market capitalisation, we can estimate roughly how many shares it would have to issue in order to run the company for another year (at the same burn rate). Singular Health Group has a market capitalisation of AU$82m and burnt through AU$3.2m last year, which is 4.0% of the company's market value. Given that is a rather small percentage, it would probably be really easy for the company to fund another year's growth by issuing some new shares to investors, or even by taking out a loan. On this analysis of Singular Health Group's cash burn, we think its cash burn relative to its market cap was reassuring, while its increasing cash burn has us a bit worried. Cash burning companies are always on the riskier side of things, but after considering all of the factors discussed in this short piece, we're not too worried about its rate of cash burn. Taking a deeper dive, we've spotted 4 warning signs for Singular Health Group you should be aware of, and 2 of them shouldn't be ignored. Of course Singular Health Group may not be the best stock to buy. So you may wish to see this free collection of companies boasting high return on equity, or this list of stocks with high insider ownership. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
