m_and_a
confidence high
sentiment positive
materiality 0.90
Streamline Health Q1 revenue up 12% to $4.8M; net loss narrows; merger at $5.34/share
STREAMLINE HEALTH SOLUTIONS INC.
- Revenue $4.8M (+12% YoY); SaaS revenue $3.4M (+23% YoY), now 70% of total.
- Net loss ($1.6M) improved from ($2.7M); Adjusted EBITDA $0.2M vs ($0.7M) loss.
- Definitive merger with MDaudit: $5.34/share cash, ~$37.4M total; 138% premium; expected close Q3 2025.
- Cash and equivalents $1.4M at Apr 30, down from $2.2M at Jan 31; focus on SaaS growth.
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