Wellness Center Usa, Inc. Reports Earnings Results for the Second Quarter Ended March 31, 2021
July 01, 2021 at 06:16 am
Share
Wellness Center USA, Inc. announced earnings results for the second quarter ended March 31, 2021. For the second quarter, the company announced sales was USD 51,650 compared to USD 5,000 a year ago. Operating loss was USD 369,518 compared to USD 418,130 a year ago. Net loss was USD 213,177 compared to USD 919,556 a year ago. For the half year, sales was USD 142,149 compared to USD 5,000 a year ago. Operating loss was USD 667,660 compared to USD 755,403 a year ago. Net loss was USD 393,875 compared to USD 1.244 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.01 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).