Monday, May 09, 2022 8:58:03 AM
Notice that they talk about an earnings in terms of an projected EBITDA number in the February 28th press release. Then in terms of percentages in the press release that accompanied the actual filing drop more than a month later. The difference being that they had 150 million new shares to sell the beginning of March and had zero queued up for the actual filing release. No body chased the news when the actual numbers were revealed.
Ethema Health to Post Strong 4th Quarter Results
February 28, 2022 09:00 ET | Source: Ethema Health Corporation
https://www.globenewswire.com/news-release/2022/02/28/2393290/0/en/Ethema-Health-to-Post-Strong-4th-Quarter-Results.html
'...The segmented information for the ARIA treatment center will show an EBITDA of approximately $163,000 for the fourth quarter which was an approximately 370% increase over the third quarter of 2021...'
Ethema Files 10K and Reports Positive Revenue Growth
April 18, 2022 10:34 ET | Source: Ethema Health Corporation
https://www.globenewswire.com/news-release/2022/04/18/2423839/0/en/Ethema-Files-10K-and-Reports-Positive-Revenue-Growth.html
'...The Company’s ARIA subsidiary had total billed claims for the fourth quarter 2021 that were 20.0% higher than the third quarter of 2021...'
'...The revenue growth at ARIA has continued in the first quarter of 2022 with total billed claims increasing 23.4% over the total billed claims for fourth quarter 2021 and a 48.1% increase over the third quarter 2021...'
Ethema Releases Third Quarter Results
November 22, 2021 19:08 ET | Source: Ethema Health Corporation
https://www.globenewswire.com/news-release/2021/11/23/2339427/0/en/Ethema-Releases-Third-Quarter-Results.html
'...The segmented information for the ARIA treatment center was an EBITDA of $47,359 for the quarter.Revenue is recorded based on the adjusted gross billing for the period...'
Everything that I post is just my informed opinion and is simply an invitation to debate. Trade on your own due diligence please..
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