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Selectis Health (GBCS) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Apr 15, 2025

Selectis Health (GBCS) reported revenue of $10.4M for the fourth quarter 2024 (Q4 2024), +13% from a year earlier and +4% from the quarter before. Operating margin was -0.9%, net loss $576K (5.5% of revenue).

Revenue$10.4M
Year over year+13%
Quarter over quarter+4%
Operating margin-0.9%
Net earnings−$576K

Selectis Health, Q4 2024: revenue $10.4M (+13% year over year), operating margin -0.9%, net loss $576K, operating cash flow −$423K. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$10.4M+4%+13%
Operating profit−$97K——
Net earnings−$576K——
Operating cash flow−$423K——

What changed

Revenue was $10.4M in Q4 2024, up 13% year over year and up 4% from the previous quarter.

Operating costs exceeded revenue by $97K, an operating margin of -0.9%. Total costs fell 14% while revenue rose 13%. The quarter ended with a net loss of $576K, narrower than the previous quarter's $1.6M loss. Net interest and other expense of $479K was the main reason.

Operating cash flow was −$423K. Non-cash charges added back $363K of depreciation and amortization. Working capital and other items used $210K. Capital expenditures of $10K exceeded it, leaving free cash flow of −$433K.

Questions

What was Selectis Health's revenue in the fourth quarter 2024?

Selectis Health (GBCS) reported revenue of $10.4M for the fourth quarter 2024 (Q4 2024), +13% from a year earlier and +4% from the quarter before.

Was Selectis Health profitable in the fourth quarter 2024?

Operating loss was $97K (-0.9% of revenue) and net loss $576K.

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Source: Selectis Health 10-K on SEC EDGAR.