Wellness Center Usa, Inc. Reports Earnings Results for the Third Quarter Ended June 30, 2020
August 25, 2020 at 05:32 pm EDT
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Wellness Center USA, Inc. announced earnings results for the third quarter ended June 30, 2020. For the third quarter, the company announced total revenue - ar was USD 0 compared to USD 7,625 a year ago. Operating loss was USD 813,380 compared to USD 401,160 a year ago. Net loss was USD 819,058 compared to USD 510,915 a year ago. For the nine months, total revenue was USD 5,000 compared to USD 33,375 a year ago. Operating loss was USD 1.568 million compared to USD 1.402 million a year ago. Net loss was USD 2.063 million compared to USD 2.070 million 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).
WELLNESS CENTER USA, INC. 
