Premier Health of America Q3 revenue falls

Premier Health of America

21/08/2025 22:20

Overview

Premier Health Q3 revenue falls to CAD 21.9 mln

Net loss for Q3 was CAD 3.5 mln, improved from CAD 8.4 mln last year

Adjusted EBITDA for Q3 was CAD 22K, down from CAD 367K in 2024

Outlook

Premier Health adapts cost structure in British Columbia

Company committed to cost reduction and debt management

Result Drivers

VOLUME DECLINE - Adjusted EBITDA impacted by reduced volumes in Quebec and British Columbia

BILL 10 IMPACT - Quebec's Bill 10 continued to affect Per Diem segment, now 4% of revenues

WILDFIRE EVACUATIONS - Contract cancellations in Ontario due to wildfires affected revenue

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
C$21.90 mln
Q3 Net Income
-C$3.50 mln
Q3 Adjusted EBITDA
C$22,000


Analyst Coverage

The one available analyst rating on the shares is "hold"

The average consensus recommendation for the software peer group is "buy."

Wall Street's median 12-month price target for Premier Health of America Inc is C$0.20, about 77.5% above its August 20 closing price of C$0.05

Press Release: ID:nGNX2WZw9t

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)