Well Health Technologies Corp. (V:WELL*CA)

Business Focus: Healthcare Facilities & Services

Sector:  Healthcare Industry:  Healthcare Facilities & Services
See Regulatory Filings on SEDAR
Company Contact
Address: 415 Cordova St W Suite 206
Tel: N/A
Website: https://www.well.company
IR: See website
Key People
Hamed Shahbazi
Chairman of the Board, Chief Executive Officer
Eva Fong
Chief Financial Officer
Amir Javidan
Chief Operating Officer
Alex Read
Chief Operating Officer
Michael Frankel
Chief Medical Officer
Business Overview
WELL Health Technologies Corp, formerly Wellness Lifestyles Inc, is a Canada-based company engaged in healthcare facilities and services sector. The Company is focused on the health and wellness space development by pursuing a blueprint Mergers and Acquisitions (M&A) strategy. Target acquisition companies are across various vertical industries within the health and wellness space, such as family practice medical clinics and health focused digital technologies within Canada and the United States. The Company is the owner and operator of a portfolio of Primary Healthcare facilities.
Financial Overview
For the fiscal year ended 31 October 2018, WELL Health Technologies Corp revenues increased from C$415K to C$5.9M. Net loss before extraordinary items decreased 63% to C$2M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Listing and transfer agents fees decrease of 69% to C$43K (expense), Interest income increase from C$0K to C$75K (income).
Reporting Currency: Canadian Dollars
Enterprise value: $58.23M as of Oct 31, 2018
Annual revenue (TTM): $5.90M as of Oct 31, 2018
EBITDA (TTM): -$2.05M as of Oct 31, 2018
Net annual income (TTM): -$2.04M as of Oct 31, 2018
Free cash flow (TTM): -$1.24M as of Oct 31, 2018
Net Debt Last Fiscal Year: N/A
Shares outstanding: 92,906,308 as of May 21, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization