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Jack Nathan Medical Corp V.JNH

Alternate Symbol(s):  JNHMF

Jack Nathan Medical Corp. is a Canada-based omni-channel healthcare company. The Company is a provider of primary care medical clinics located in Walmart Supercenters under the Jack Nathan Health brand. It provides its medical services throughout Canada and Mexico. JNH has a diversified network of medical practitioners, and through its alliance with Walmart, it provides medical services through JNH Medical Clinics located inside Walmart Supercenters. It offers patient care through patient-centric physician, a variety of medical services, technology, and programs. Through JNH Medical Clinics, it offers family practice, walk-in and urgent care services, specialist health care services, dental, telemedicine and virtual nurse care, and more. It also provides health and wellness treatments through JNH Med Spa, and injury and health support programs through JNH Rehab. It operates over 77 clinics in Walmart locations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Quebec.


TSXV:JNH - Post by User

Post by blackgold14on Jul 15, 2021 12:21am
482 Views
Post# 33547707

Horrible Q1 just as I predicted

Horrible Q1 just as I predictedA big operating loss just as I predicted months ago. It will take awhile before the company reports net after tax earnings.  Maybe a couple years from now.  Most companies take awhile to get over the extra costs of acquiring companies.  Since the company recently changed its business model to acquiring clinics, not just licencing, the next few acquisitions wil also involve acquisition costs which will make it harder to break even.   Until then, I will be on the sidelines waiting and hoping for the company to scale its operations and complete acquisitions where it switches from net losses to net earnings. At that time, the stock will be worth looking at as a potential buy.  Until that time, the stock will be under pressure and the company will need to raise money which usually means more dilution.   
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