Selectis Health, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 04:25 pm EST
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Selectis Health, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 0.158927 million compared to USD 0.158875 million a year ago. Revenue was USD 9.05 million compared to USD 9.58 million a year ago. Net loss was USD 2.26 million compared to USD 0.990925 million a year ago. Basic loss per share from continuing operations was USD 0.74 compared to USD 0.33 a year ago. Diluted loss per share from continuing operations was USD 0.74 compared to USD 0.33 a year ago.
For the nine months, sales was USD 0.475643 million compared to USD 0.469938 million a year ago. Revenue was USD 27.58 million compared to USD 29.8 million a year ago. Net loss was USD 0.337924 million compared to USD 0.203623 million a year ago. Basic loss per share from continuing operations was USD 0.12 compared to USD 0.07 a year ago. Diluted loss per share from continuing operations was USD 0.12 compared to USD 0.07 a year ago.
Selectis Health, Inc. acquires, develops, leases, manages, and disposes of healthcare real estate, provides financing to healthcare providers, and provides healthcare operations through its wholly owned subsidiaries. Its portfolio is comprised of investments in three healthcare segments: senior housing, including independent and assisted living, and post-acute/skilled nursing facilities. The Company owns and operates, through wholly owned subsidiaries, Assisted Living Facilities, Independent Living Facilities, and Skilled Nursing Facilities across the South and Southeastern portions of the United States. Assisted Living Facilities are licensed care facilities that provide personal care services, support, and housing for those who need help with activities of daily living yet require limited medical care. Independent Living Facilities are designed to meet the needs of seniors who choose to live in an environment surrounded by their peers.
SELECTIS HEALTH, INC. 
