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Nova Leap Health Corp. (V:NLH)

Business Focus: Home Healthcare Services

Sector:  Healthcare Industry:  Healthcare Facilities & Services
 
Company Contact
Address: 7071 Bayers Road, Suite 3006
HALIFAX NS B3L 2C2
Tel: N/A
Website: https://novaleaphealth.com
IR: See website
Key People
Christopher Donald Dobbin
President, Chief Executive Officer, Director
Chris Leblanc
Chief Financial Officer, Corporate Secretary
 
Business Overview
Nova Leap Health Corp. is a Canada-based acquisitive home health care services company operating in the United States (U.S.) and Canada. The Company, through its subsidiaries, provides various services to clients and families, including dementia care, companionship, personal care, respite care, cooking and meal preparation, light housekeeping, activities of daily living (ADL), transportation services, medication reminders, and medication administration by nursing staff. Its supportive services can be arranged for any frequency of time, from one to twenty-four hours of care daily, or on a respite or temporary basis. The Company's services can be funded through a variety of sources, including Medicaid waiver programs, long-term care insurance, veterans benefits, private pay and other location-specific social service programs. It operates in approximately 10 different U.S. states within the New England, Southeastern, South Central and Midwest regions as well as in Nova Scotia, Canada.
Financial Overview
For the fiscal year ended 31 December 2023, Nova Leap Health Corp revenues decreased 7% to $26.2M. Net loss increased 26% to $1.1M. Revenues reflect US segment decrease of 6% to $22.7M, Canada segment decrease of 14% to $3.5M, Group Head Office segment decrease of 5% to $10K, US segment decrease of 6% to $22.7M, Canada segment decrease of 14% to $3.5M, Group Head Office segment decrease of 5% to $10K.
Reporting Currency: U.S. Dollars
Enterprise value: $20.17M as of Dec 31, 2023
Annual revenue (TTM): $35.87M as of Dec 31, 2023
EBITDA (TTM): $1.84M as of Dec 31, 2023
Net annual income (TTM): -$1.44M as of Dec 31, 2023
Free cash flow (TTM): $2.91M as of Dec 31, 2023
Net Debt Last Fiscal Year: $0.69M as of Dec 31, 2023
Shares outstanding: 86,209,252 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization