/PRNewswire/ - Newtopia Inc. ("Newtopia" or the "Company") (TSXV: NEWU), a tech-enabled habit change provider focused on disease prevention, today reported.
Newtopia Reports Fourth Quarter and Full Year 2020 Financial Results
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Q4 2020 Revenue and Gross Profit increased 61% and 751%, respectively
Continued to strengthen robust business pipeline, while broadening multi-year partnerships with current Fortune 500 clients
Launched new relationship with a Fortune 500 apparel and home fashion chain with over 90,000 employees
TORONTO, April 6, 2021 /PRNewswire/ - Newtopia Inc. (
Newtopia or the
Company ) (TSXV: NEWU), a tech-enabled habit change provider focused on disease prevention, today reported financial results for the fourth quarter and full year 2020. All amounts are expressed in Canadian dollars, unless otherwise noted.
Fourth Quarter 2020 Financial Highlights (vs. Q4 2019):
Revenue increased 61% to $2.5 million
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Santa Barbara Actuaries Inc. estimates that Newtopia s platform can generate first year medical cost savings of up to $1,700 per Medicare Advantage plan participating member
TORONTO, ON, Dec. 10, 2020 /PRNewswire/ - Newtopia Inc. (TSXV: NEWU), a habit change platform for disease prevention, today announced results of a study that demonstrates its programs can provide significant medical cost savings when applied to Medicare Advantage (MA) populations, according to a report authored by Santa Barbara Actuaries Inc. and commissioned by Newtopia.
Newtopia s CDC accredited hyper-personalized approach combines the best of human intervention and digital technology to improve health and prevent, reverse, and slow the progression of chronic disease.