Wellness Center USA, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended March 31, 2022
May 23, 2022 at 05:10 pm
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Wellness Center USA, Inc. reported earnings results for the second quarter and six months ended March 31, 2022. For the second quarter, the company reported sales was USD 0.09999 million compared to USD 0.05165 million a year ago. Net loss was USD 0.17792 million compared to USD 0.213177 million a year ago.
For the six months, sales was USD 0.264542 million compared to USD 0.142149 million a year ago. Net loss was USD 0.310133 million compared to USD 0.393875 million a year ago.
Wellness Center USA, Inc., through its subsidiaries, is engaged in the healthcare and medical sectors. The Companyâs segments include Medical Devices and Authentication and Encryption Products and Services. The segments are operated through Psoria-Shield Inc. (PSI) and StealthCo Inc. (SCI). PSI designs, develops, and markets a targeted UV phototherapy device called the Psoria-Light. The Psoria-Light is designated for use in targeted PUVA photochemistry and UVB phototherapy and is designed to treat certain skin conditions, including psoriasis, vitiligo, atopic dermatitis (eczema), seborrheic dermatitis, and leukoderma. SCI is a provider of Stealth Mark encryption and authentication solutions offering advanced technologies within the security and supply chain management vertical sectors (Intelligent Microparticles), and advanced data intelligence services offering technology for industries, companies, and agencies on a global scale (ActiveDuty).