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Nova Leap Health Reports Fourth Quarter and Full Year 2017 Financial Results
Mar. 12, 2018 08:32AM PST
Longevity Investing
NOVA LEAP HEALTH (TSXV:NLH) a company focused on the home health care industry, is pleased to announce the release of financial results for the fourth quarter and full year ended December 31, 2017. All amounts are in United States dollars unless otherwise specified. As quoted in the press release: Financial results for the three and …
NOVA LEAP HEALTH (TSXV:NLH) a company focused on the home health care industry, is pleased to announce the release of financial results for the fourth quarter and full year ended December 31, 2017. All amounts are in United States dollars unless otherwise specified.
As quoted in the press release:
Financial results for the three and twelve months ended December 31, 2017 include revenue of $891,196 and $1,059,845 respectively and net loss of $302,921 and $851,609 respectively. Highlights for the quarter ended December 31, 2017 included the following: Achieved full year 2017 revenues in line with Management’s previous revenue guidance with an increase of 25.5X (times) from December 31, 2016 to December 31, 2017. Pursuant to the Company’s acquisition and expansion strategy, achieved full year 2017 recurring client service hours with an increase of 20.9X (times) from December 31, 2016 to December 31, 2017.