Replies to post #48099 on Ethema Health Corp (GRST)

[Bubae]

More year over years number for you. Net earnings for Q1 2023 was nearly identical to that of Q1 despite another year of "growth" promotions. Losing your best performing asset in the Canadian property is not a positive for growth and not a great thing for 2023. The second time since October 2019 that property has been handed over to Leonite for defaulted debt.

For the quarterly period ended March 31, 2023
https://www.otcmarkets.com/filing/html?id=16673787&guid=-HT-kenyprHRB3h

For the quarterly period ended March 31, 2022
https://www.otcmarkets.com/filing/html?id=15821144&guid=-HT-kenyprHRB3h

Q1 2022 - Q1 2023 comparison
Revenue up 21%
Rent expense up 21%
General Administrative up 13%
Salaries and wages up 26%
Professional Fees up 55%

Operating income essentially unchanged Q1 2023 = $75,026 -- Q1 2022 = $74,940

Ethema Posts Positive Q1 Results
May 16, 2022 16:00 ET
https://www.globenewswire.com/en/news-release/2022/05/16/2444282/0/en/Ethema-Posts-Positive-Q1-Results.html

the first quarter 2022 10-Q. The Company’s ARIA subsidiary had an increase of 23.4% in total billed claims for the first quarter of 2022 over the total billed claims for fourth quarter 2021 resulting in positive EBITDA for the ARIA subsidiary of $186,640.00 for the quarter.


Ethema Reports Second Quarter Results
August 15, 2022 15:00 ET
https://www.globenewswire.com/en/news-release/2022/08/15/2498474/0/en/Ethema-Reports-Second-Quarter-Results.html

the second quarter 2022 10-Q. The Company’s ARIA subsidiary continued its growth and had a $404,700.00 EBITDA for the second quarter which was a 117% increase over the first quarter of 2022.


Ethema Posts Strong 3rd Quarter Results and SEC Qualifies the Regulation A Form 1A Filing
November 29, 2022 08:00 ET
https://www.globenewswire.com/en/news-release/2022/11/29/2563968/0/en/Ethema-Posts-Strong-3rd-Quarter-Results-and-SEC-Qualifies-the-Regulation-A-Form-1A-Filing.html

The Company’s ARIA subsidiary continued its growth and had a $712,839.00 EBITDA for the first nine months of the year.

Mr. Shawn Leon, Company CEO, reported, “We had set a goal at the beginning of the year for our ARIA subsidiary to produce an EBITDA of $1,000,000 for calendar 2022. It looks like we are on track to make that goal and are very proud of our many associates and team members for helping us get there.


Ethema Posts Strong Year End Results
April 04, 2023 07:55 ET
After corporate overhead expenses the Group achieved an operating profit of $0.6 million, including depreciation and amortization of $0.5 million ($1.1 million before depreciation and amortization).