Selectis Health reports Q3 2021 net loss of $0.06M vs net income of $0.46M a year ago; revenue up 15.8% to $7.32M

SELECTIS HEALTH, INC.

2021-Q3 EPS reported $0.00 revenue$19,093,935

Net loss of $0.06M ($0.02 diluted EPS) vs net income of $0.46M ($0.15) in Q3 2020; revenue grew 15.8% to $7.32M.
Completed $750K fund raise, 1-for-10 reverse stock split, and FINRA-approved rebranding to Selectis Health.
Refinanced Southern Hills campus mortgage: $8.03M at 2.38% for 35 years.
Non-cash impairment charge of $354,710 from lease terminations for Sparta and Warrenton, GA facilities.
Park Place facility incurred $234K loss while awaiting CMS certification; certification now approved.

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