Selectis Health, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
September 19, 2022 at 03:48 pm IST
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Selectis Health, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 0.156869 million compared to USD 0.387903 million a year ago. Revenue was USD 11.47 million compared to USD 6.01 million a year ago. Net income was USD 1.03 million compared to net loss of USD 0.67878 million a year ago. Basic earnings per share from continuing operations was USD 0.34 compared to basic loss per share from continuing operations of USD 0.26 a year ago. Diluted earnings per share from continuing operations was USD 0.34 compared to diluted loss per share from continuing operations of USD 0.26 a year ago.
For the six months, sales was USD 0.311063 million compared to USD 0.778289 million a year ago. Revenue was USD 21.56 million compared to USD 11.77 million a year ago. Net income was USD 1.26 million compared to net loss of USD 0.430724 million a year ago. Basic earnings per share from continuing operations was USD 0.41 compared to basic loss per share from continuing operations of USD 0.17 a year ago. Diluted earnings per share from continuing operations was USD 0.41 compared to diluted loss per share from continuing operations of USD 0.17 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. 
