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Selectis Health (GBCS) Q1 2025 earnings results (first quarter 2025)

10-Q filed May 21, 2025

Selectis Health (GBCS) reported revenue of $10.5M for the first quarter 2025 (Q1 2025), +10% from a year earlier and +0.9% from the quarter before. Operating margin was -4.0%, net loss $656K (6.3% of revenue).

Revenue$10.5M
Year over year+10%
Quarter over quarter+0.9%
Operating margin-4.0%
Net earnings−$656K

Selectis Health, Q1 2025: revenue $10.5M (+10% year over year), operating margin -4.0%, net loss $656K, operating cash flow $1.0M. The chart follows the revenue to costs, profit and cash.

Q1 2025AmountQ/QY/Y
Revenue$10.5M+0.9%+10%
Operating profit−$422K——
Net earnings−$656K——
Operating cash flow$1.0M—+315%
Free cash flow$816K—+514%

What changed

Revenue was $10.5M in Q1 2025, up 10% year over year and up 1% from the previous quarter.

Operating costs exceeded revenue by $422K, an operating margin of -4.0%. Total costs grew 7% against revenue growth of 10%. The quarter ended with a net loss of $656K, wider than the previous quarter's $576K loss.

Operating cash flow was $1.0M (up 315% year over year). Non-cash charges added back $363K of depreciation. Working capital and other items added $1.3M. Capital expenditures of $219K left free cash flow of $816K.

Questions

What was Selectis Health's revenue in the first quarter 2025?

Selectis Health (GBCS) reported revenue of $10.5M for the first quarter 2025 (Q1 2025), +10% from a year earlier and +0.9% from the quarter before.

Was Selectis Health profitable in the first quarter 2025?

Operating loss was $422K (-4.0% of revenue) and net loss $656K.

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Source: Selectis Health 10-Q on SEC EDGAR.