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TheSerb

03/31/22 9:12 AM

#53489 RE: snowden #53442

$RXMD - ONLY $.04!!! PROFITS! Progressive Care Reports Full Year 2021 Financial Results Highlighted by $38.9 Million in Revenue
BY GlobeNewswire
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Key Financial Highlights for Year Ended December 31, 2021

• Revenue at $38.9 million

- COVID-19 testing revenue of approximately $4.3 million

- ClearMetrX TPA and pharmacy dispensing revenue related to 340B earned $2.8 million on total billings of $19 million

• Gross margin increased to 26% in 2021, from 23% in 2020

• EBITDA increased to $167,000 in 2021 from $7,000 in 2020

• Cash balance of $1.4 million as of December 31, 2021