Healthcare Integrated Technologies, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended April 30, 2024
June 20, 2024 at 03:33 pm IST
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Healthcare Integrated Technologies, Inc. reported earnings results for the third quarter and nine months ended April 30, 2024. For the third quarter, the company reported sales was USD 0.060283 million. Net loss was USD 0.215218 million compared to USD 0.24653 million a year ago.
For the nine months, sales was USD 0.082052 million. Net loss was USD 0.598881 million compared to USD 1.11 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.03 a year ago.
Healthcare Integrated Technologies, Inc. is a healthcare technology company. The Company creates a diversified spectrum of healthcare technology solutions to integrate and automate the continuing care, home care and professional healthcare spaces. Its initial product, SafeSpace with Artificial Intelligence (AI) Vision, is an ambient fall detection solution designed for continuing care communities and at home use. SafeSpace includes hardware devices utilizing red, green and blue (RGB), radar and other sensor technology coupled with its internally developed software to monitor a person remotely. In continuing care communities, SafeSpace detects resident falls and generates alerts to a centralized, intelligent dashboard without the use of wearable devices or any action by the resident. In the home, SafeSpace detects falls and sends alerts directly to designated individuals. In addition to its product offerings, the Company also develops a home concierge healthcare service application.
HEALTHCARE INTEGRATED TECHNOLOGIES, INC. 
