Global Healthcare REIT Inc (PK:GBCS)

Business Focus: Casinos

Sector:  Consumer Cyclicals Industry:  Casinos & Gaming
See Regulatory Filings on SEC
Company Contact
Address: 6800 N 79th St Ste 200
NIWOT CO 80503-8978
Tel: N/A
IR: See website
Key People
Zvi Michael Rhine
President, Chief Financial Officer, Director
Lance Jason Baller
Chief Executive Officer, Director
Jacob Taylor
Controller, Secretary
Business Overview
Global Healthcare REIT, Inc. operates as a real estate investment trust (REIT) for the purpose of investing in real estate and other assets related to the healthcare industry. The Company acquires, develops, leases, manages and disposes of healthcare real estate, and provides financing to healthcare providers. The Company owns approximately nine healthcare properties, which are leased to third-party operators under triple-net operating terms. The Company's approximately nine assisted-living facilities include Middle GA Nursing Home; Warrenton Nursing Home (Warrenton); Southern Hills Retirement Center; Goodwill Nursing Home; Edwards Redeemer Health & Rehab; Providence of Sparta Nursing Home; Providence of Greene Point Healthcare Center; Meadowview Healthcare Center, and Golden Years Manor Nursing Home. The Company's Southern Hills Retirement Center consists of an Assisted Living facility (ALF), an Independent Living facility (ILF) and a Skilled Nursing facility (SNF).
Financial Overview
For the six months ended 30 June 2018, Global Healthcare REIT Inc revenues increased 10% to $1.7M. Net loss applicable to common stockholders decreased 23% to $704K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Property Taxes, Insurance, and Other Ope decrease of 34% to $228K (expense).
Employees: 38 as of Jun 30, 2013
Reporting Currency: U.S. Dollars
Enterprise value: $43.76M as of Jun 30, 2018
Annual revenue (TTM): $3.29M as of Jun 30, 2018
EBITDA (TTM): $2.30M as of Jun 30, 2018
Net annual income (TTM): -$2.81M as of Jun 30, 2018
Free cash flow (TTM): -$0.67M as of Jun 30, 2018
Net Debt Last Fiscal Year: $35.34M as of Jun 30, 2018
Shares outstanding: 27,278,947 as of Aug 13, 2018
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization