Wellness Center Usa, Inc. Reports Earnings Results for the Third Quarter Ended June 30, 2019
September 01, 2019 at 02:59 am IST
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Wellness Center USA, Inc. announced earnings results for the third quarter ended June 30, 2019. For the third quarter, the company announced total revenue was USD 7,625 compared to USD 71,500 a year ago. Operating loss was USD 401,160 compared to USD 782,835 a year ago. Net loss was USD 510,915 compared to USD 1.582 million a year ago. Basic eps - continuing operations was USD 0 compared to basic loss per share from continuing operations of USD 0.02 a year ago. For the nine months, total revenue was USD 33,375 compared to USD 139,250 a year ago. Operating loss was USD 1.402 million compared to USD 1.645 million a year ago. Net loss was USD 2.070 million compared to USD 2.760 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.03 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).
WELLNESS CENTER USA, INC. 
