Selectis Health Q2 FY26 returns to profit, posts USD 8.12 million net income; revenue falls 55% to USD 4.73 million

Reuters2026/08/24 21:24

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Selectis Health posted net income of USD 8.12 million, swinging from a net loss a year earlier.
Revenue fell 54.73% to USD 4.73 million, due to sales of four Georgia facilities in January and May 2026.
Operating loss widened to USD 2.1 million; property taxes, insurance and other operating costs dropped 49% to USD 4.13 million.
Gain on sale of assets totaled USD 10.15 million; other income rose to USD 758,230 on state credits from Georgia and Oklahoma.
Cash was USD 7.7 million; debt declined to USD 17 million from USD 31 million at Dec. 31, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Selectis Health Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-039909), on August 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Selectis Health Q2 FY26 returns to profit, posts USD 8.12 million net income; revenue falls 55% to USD 4.73 million

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