HS GovTech Solutions Inc. (HS.CN) Income Statement Analysis – Financial Results

About HS GovTech Solutions Inc.

HS GovTech Solutions Inc., a software as a service company, develops and sells information and communication management systems for health inspection departments of federal, provincial, state, and municipal governments in Canada and the United States. The company's products include HSCloud, a low-code data management platform for managing applications, licenses, permits, inspections, and virtually other data for operating state and local government agencies; and HSTouch for data collection, such as calendars, past inspections, regulatory codes, and violations, which works either connected to or disconnected from the internet to record observations is the field, as well as captures electronic signature, and insert photos and email inspection reports. It also offers EnviroIntel EHS Manager, an internet-based client/server application used to fill out forms, request information, and view data, including real-time reports; HSTrace, a disease surveillance tools allow for public health agencies to track new cases in an outbreak and provide an advanced suite of communication and tracking tools so they can stay in close touch with constituents that are sick; and HSPay, a proprietary payment solution that streamlines and digitizes revenue collection for the agencies it serves. In addition, the company provides GovCall, a teleconferencing and group communication platform; and MyHealthDepartment.com, a multi-functional web platform that allows users to apply for services, view, and interact with inspection reports, as well as permits, review the status of applications, and streamline communication with the regulating agency. HS GovTech Solutions Inc. was formerly known as HealthSpace Data Systems Ltd. and changed its name to HS GovTech Solutions Inc. in April 2022. The company was founded in 1998 and is headquartered in Chilliwack, Canada.