Wellness Center Usa, Inc. Reports Earnings Results for the First Quarter Ended December 31, 2018
March 29, 2019 at 06:17 am
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Wellness Center USA, Inc. announced earnings results for the first quarter ended December 31, 2018. For the first quarter, the company announced total revenue was USD 12,875 compared to USD 26,500 a year ago. Operating loss was USD 470,714 compared to USD 324,655 a year ago. Net loss was USD 979,312 compared to USD 352,033 a year ago. Basic loss per share from continuing operations was USD 0.01 compared to Basic EPS - Continuing Operations of USD 0 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).