Wellness Center USA, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended June 30, 2022
August 15, 2022 at 03:33 pm EDT
Share
Wellness Center USA, Inc. reported earnings results for the third quarter and nine months ended June 30, 2022. For the third quarter, the company reported sales was USD 0.1075 million compared to USD 0.07862 million a year ago. Net loss was USD 0.622121 million compared to USD 0.153597 million a year ago. Basic loss per share from continuing operations was USD 0.01.
For the nine months, sales was USD 0.372042 million compared to USD 0.220769 million a year ago. Net loss was USD 0.932254 million compared to USD 0.547472 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.01 a year ago.
Wellness Center USA, Inc., through its subsidiaries, is engaged in the healthcare and medical sectors. The Companyâs segments include Medical Devices and Authentication and Encryption Products and Services. The segments are operated through Psoria-Shield Inc. (PSI) and StealthCo Inc. (SCI). PSI designs, develops, and markets a targeted UV phototherapy device called the Psoria-Light. The Psoria-Light is designated for use in targeted PUVA photochemistry and UVB phototherapy and is designed to treat certain skin conditions, including psoriasis, vitiligo, atopic dermatitis (eczema), seborrheic dermatitis, and leukoderma. SCI is a provider of Stealth Mark encryption and authentication solutions offering advanced technologies within the security and supply chain management vertical sectors (Intelligent Microparticles), and advanced data intelligence services offering technology for industries, companies, and agencies on a global scale (ActiveDuty).