Healwell AI Inc. (TSX:AIDX) is looking for acquisitions. During the company?s fiscal fourth quarter and year-end 2023 financial results conference call, Dr. Alexander Dobranowski, Chief Executive Officer said that ?with regards to our M&A strategy, we are also targeting companies that are beyond the borders of Canada?. ?From an outlook perspective, we have an extremely positive outlook based on our organic growth profile and our M&A strategy.

I'm most excited by the immense potential for growth in innovation, particularly in the realm of AI technology. The entire boom of AI is just getting started. Healwell's strategic focus on inorganic growth aligns perfectly with this trend.

We currently have a strong and active acquisition pipeline, as I mentioned but with the potential to more than double our revenue run rate by the end of the year using just the cash we have on hand?. Gerald Scott Nirenberski, Chief Financial Officer said that ?In summary, I am pleased to report that Healwell's outlook is bright, it's in strong financial position and has capital to fund future acquisitions and execute on its organic growth initiatives?.