Wed, May 21, 10:08 AM (23 days ago)
**Selectis Health, Inc. (SLHS) Q1 2025 Financial Summary** **Financial Health and Performance:** Selectis Health, Inc. (SLHS) reported a net loss of $655,969 for Q1 2025, an improvement from the $1,034,720 loss in Q1 2024. The company's total revenue increased by 12% to $10,486,939, driven by higher healthcare revenue due to increased Medicaid rates. However, operating expenses also rose by 8%, primarily due to inflation and higher professional service fees. **Profit Margins:** The company's gross margin improved slightly, but it remains negative, indicating ongoing challenges in cost management. The net margin also improved but remains significantly negative. **Cash Flow:** Selectis Health generated positive cash flow from operations of $1,035,411 in Q1 2025, a substantial increase from $249,495 in Q1 2024. This improvement was driven by changes in working capital and a reduction in interest expenses. However, the company used cash in investing and financing activities, resulting in a net increase in cash of $633,732. **Earnings Changes:** The net loss per share improved to $0.22 in Q1 2025 from $0.34 in Q1 2024, reflecting the reduced net loss. **Quarterly Performance Discussion:** Selectis Health's Q1 2025 performance shows signs of improvement in revenue and cash flow generation. However, the company continues to face significant challenges, including high operating expenses and a substantial debt burden. The company's ability to continue as a going concern is contingent on its ability to raise additional capital and improve its financial performance. **Trends and Uncertainties:** Selectis Health is focused on increasing revenue through higher occupancy rates and Medicaid reimbursement rates. However, the company faces uncertainties related to the COVID-19 pandemic, regulatory compliance, and the potential sale of its Georgia facilities. The company's ability to execute its strategy and raise additional funds will be critical to its future success. **Future Operations Impact:** Selectis Health's future operations will be impacted by its ability to manage costs, increase revenue, and secure additional financing. The company's plans to sell its Georgia facilities and the potential impact of the COVID-19 pandemic on its operations and tenants' ability to pay rent are also significant factors. **Ticker:** SLHS