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As of 2:34 PM 08/26/14 All times are local (Market data is delayed by at least 15 minutes).

vigil health solutions inc (VGL) Snapshot

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vigil health solutions inc (VGL) Details

Vigil Health Solutions Inc. develops, markets, and distributes emergency call and nurse call solutions to seniors housing in Canada and the United States. It provides Vigil Integrated Care Management System, a technology platform combining software and hardware to provide solutions that guide care of and monitor seniors living in long-term care facilities. The company also offers Vigil Dementia System, which provides a means of summoning help without being cognitively alert for residents suffering from dementia; and Vitality Care System, a wireless or hybrid call system that is designed to alert caregivers or security staff when a resident is in need of assistance, providing a general description of his or her location. In addition, it provides Vigil Nurse Call System, which allows residents to call caregivers through hardwired call buttons with call cords, emergency push stations, or emergency pull stations; Vigil Resident Check-In System that alerts staff when a resident is not well enough to have checked-in for the day; and Vigil Perimeter Monitoring, which offers an additional form of notification for those facilities where door alarms and resident smoke detectors may not be heard throughout the facility. The company’s solutions are used in independent living, assisted living, and skilled nursing facilities, as well as continuing care retirement communities. Vigil Health Solutions Inc. is headquartered in Victoria, Canada.

vigil health solutions inc (VGL) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$134.5K
Chief Financial Officer and Secretary
Total Annual Compensation: C$73.9K
Compensation as of Fiscal Year 2014.

vigil health solutions inc (VGL) Key Developments

Vigil Health Solutions Inc. Reports Unaudited Earnings Results for the First Quarter Ended June 30, 2014

Vigil Health Solutions Inc. reported unaudited earnings results for the first quarter ended June 30, 2014. For the quarter, the company’s revenue was up 33% to $1.19 million compared to $894,000 in the three-month period ended June 30, 2013. EBITDA up 241% to $71,000 compared to $21,000 in the three months ended June 30, 2013. Earnings up 54% to $32,000 compared to $21,000 in three-month period ended June 30, 2013. Income for the period was $31,506 compared to $20,501 a year ago. Adjusted EBITDA was $71,170 compared to $20,850 a year ago.

Vigil Health Solutions Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2014

Vigil Health Solutions Inc. reported earnings results for the fourth quarter and full year ended March 31, 2014. For the quarter, the company’s revenue of CAD 1,614,408 compared to CAD 1,141,721 a year ago. Income before the other income was CAD 185,880 compared to CAD 48,945 a year ago. Comprehensive income for the period was CAD 202,905 compared to CAD 50,756 a year ago. Adjusted EBITDA was CAD 206,114 compared to CAD 65,025 a year ago. For the year, the company’s revenue was CAD 5.12 million compared to CAD 3.74 million in the year ended March 31, 2013, an increase of 37%. Project revenue made up 65% of total revenue; the remaining revenue came from follow on sales to existing customers. These sales include service and maintenance billings and replacement products including wireless devices and communication equipment and were up 19% over fiscal 2013. Net income was CAD 265,000, or CAD 0.016 per share, compared to CAD 153,000, or CAD 0.012 per share per share, for the previous year. The profitable year is due to the 37% increase in revenue. Income before the other income was CAD 226,976 compared to CAD 152,482 a year ago. Adjusted EBITDA was CAD 342,840 compared to CAD 207,418 a year ago.

Vigil Health Solutions Inc., Annual General Meeting, Aug 28, 2014

Vigil Health Solutions Inc., Annual General Meeting, Aug 28, 2014., at 11:00 Pacific Standard Time. Location: Farris, Vaughan, Wills & Murphy LLP. Agenda: To receive the financial statements of the company for the financial year ended March 31, 2014 and the report of the auditors thereon; to elect directors; to re-appoint KPMG LLP, Chartered Accountants, as auditors of the company; and to transact such further and other business as may properly come before the meeting or any adjournment thereof.


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