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Nova Leap Health Corp V.NLH

Alternate Symbol(s):  NVLPF

Nova Leap Health Corp. is a Canada-based acquisitive home health care services company operating in the United States (U.S.) and Canada. The Company, through its subsidiaries, provides various services to clients and families, including dementia care, companionship, personal care, respite care, cooking and meal preparation, light housekeeping, activities of daily living (ADL), transportation services, medication reminders, and medication administration by nursing staff. Its supportive services can be arranged for any frequency of time, from one to twenty-four hours of care daily, or on a respite or temporary basis. The Company's services can be funded through a variety of sources, including Medicaid waiver programs, long-term care insurance, veterans benefits, private pay and other location-specific social service programs. It operates in approximately eight different U.S. states within the New England, Southeastern, South-Central and Midwest regions as well as Nova Scotia, Canada.


TSXV:NLH - Post by User

Bullboard Posts
Post by yuriblue1969on Nov 07, 2019 6:51pm
156 Views
Post# 30324478

nice results

nice results
Nova Leap Health Corp. Posts Record Financial Results for Third Quarter 2019 V.NLH | 1 hour ago NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES HALIFAX, Nova Scotia, Nov. 07, 2019 (GLOBE NEWSWIRE) -- NOVA LEAP HEALTH CORP. (TSXV: NLH) (Nova Leap or the Company), a 2019 TSX Venture 50 ranked company focused on the home health care industry, is pleased to announce the release of record financial results for the third quarter ended September 30, 2019. All amounts are in United States dollars unless otherwise specified. Nova Leap Third Quarter of 2019 Highlights for the quarter ended September 30, 2019 included the following: Nova Leaps financial results for Q3 2019 are the best in the Companys history; Record quarterly EBITDA of $324,676 in Q3 2019 was an increase of 685% over Q3 2018 EBITDA of $41,357 and an increase of 49.2% over Q2 2019 EBITDA of $217,549; A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a49a138a-07e5-44c2-8c33-68b8ff02afc8 Q3 2019 was the Companys 9th consecutive quarter of revenue growth; Q3 2019 record revenues of $4,424,350 were 54.1% higher than Q3 2018 revenues of $2,871,010 and 4.1% higher than Q2 2019 revenues of $4,249,781; A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9dde9e6a-50d3-4dad-845d-3185f1da394f Record operating cash flows of $199,471 in Q3 2019 was an increase of $21,155 over Q2 2019 operating cash flows of $178,316; The Company reported adjusted net income of $2,985 for Q3 2019, a significant improvement over Q2 adjusted net loss of $148,933; Subsequent to Q3, successfully closed the previously announced acquisition of Around the Clock Home Care in Oklahoma; Subsequent to Q3, successfully closed the previously announced acquisition of Keystone Homecare in Massachusetts. Read more at https://stockhouse.com/news/press-releases/2019/11/07/nova-leap-health-corp-posts-record-financial-results-for-third-quarter-2019#2gUV1vi5ydwyBhRM.99
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