Wellness Center Usa, Inc. Reports Earnings Results for the Full Year Ended September 30, 2020
February 08, 2021 at 03:14 pm
Share
Wellness Center USA, Inc. announced earnings results for the full year ended September 30, 2020. For the full year, the company announced total revenue was USD 5,000 compared to USD 33,375 a year ago. Operating loss was USD 1.921 million compared to USD 1.766 million a year ago. Net loss was USD 2.221 million compared to USD 2.387 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.02 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).