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Financial statements

First Choice Healthcare Solutions, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data First Choice Healthcare Solutions, Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2012FY2013FY2014FY2015FY2016FY2017FY2023FY2023FY2024FY2025
Revenue3.816.51
Gross profit1.070.030.01
Selling, general and administrative1.311.712.433.622.190.911.88
General and administrative1.311.752.437.145.535.59
Operating expenses4.087.129.6521.529.333.28.082.441.292.68
Operating income-0.28-0.98-1.54-1.930.14-4.41-7.02-2.41-1.29-2.67
Interest expense0.563.73.715.923.354.71
Other non-operating income-0.62-3.73-0.95-1.279.130.02-2.93-5.76-2.45-4.29
Pre-tax income-0.9-4.7-2.49-3.29.27-4.39-9.94-8.17-3.74-6.96
Income tax-0.020000.11
Net income to minority interests0-0.22-0.090.5
Net income-0.87-4.7-2.49-3.429.173.89-9.94-8.17-3.85-6.96
EBITDA0.03-0.46-0.99-1.080.96-3.47-6.93-2.37-1.25-2.65
EPS, basic-0.09-0.43-0.21-0.170.38-0.15-0.30-0.25-0.12
EPS, diluted-0.09-0.43-0.17-0.170.37-0.15-0.30-0.25-0.12-0.21
Shares, basic (weighted)10.411.114.220.123.826.7333333
Shares, diluted (weighted)10.411.114.220.125.326.733333333

Balance sheet

FY2012FY2013FY2014FY2015FY2016FY2017FY2023FY2023FY2024FY2025
Cash and equivalents0.070.740.281.594.592.020.010.010.020.01
Receivables0.531.271.86.629.548.70.30.090.070
Other current assets0.070.140.150.320.420.520.010.210.070
Total current assets0.942.472.629.6115.412.51.330.110.090.01
Property, plant and equipment8.768.668.298.612.542.30.470.260.220.15
Lease right-of-use assets4.482.443.733.35
Goodwill00.90.90.9
Intangible assets0.280.270.250.23
Other non-current assets0.430.690.554.4
Total assets10.111.811.522.622.118.86.523.124.514.05
Accounts payable0.580.461.463.942.082.389.788.418.6313.1
Deferred revenue0.040.070.040.040.030.04
Total current liabilities1.652.246.3816.84.843.4721.627.933.340.7
Long-term debt9.7811.48.262.742.352.69
Lease liabilities4.062.443.242.9
Total liabilities11.413.614.619.67.197.2726.931.73743.6
Total debt10.49.688.928.192.352.69
Paid-in capital7.2411.612.721.22425.235.335.435.335.2
Retained earnings-8.66-13.4-15.9-19.3-10.1-14-55.8-63.9-67.8-74.7
Treasury stock-0.25
Shareholders' equity-1.3-1.79-3.162.1213.911-20.4-28.5-32.5-39.5
Minority interests00.921.010.51
Total equity-1.3-1.79-3.163.041511.5-20.4-28.5-32.5-39.5
Total liabilities and equity10.111.811.522.622.118.86.523.124.514.05
Shares outstanding10.513.814.822.924.627.233333333

Cash flow statement

FY2012FY2013FY2014FY2015FY2016FY2017FY2023FY2023FY2024FY2025
Net income-0.87-4.7-2.49-3.29.27-4.39-9.94-8.17-3.85-6.96
Depreciation and amortization0.310.520.550.850.820.940.090.040.030.02
Stock-based compensation00.5512.341.281.170
Deferred income tax2.042.04
Change in receivables-0.33-1.11-1.45-2.59-3.84-3.37-11.18
Change in payables0.42-0.091.140.92-2.50.35.1-1.840.222.05
Cash from operations-0.79-1.26-0.360.48-3.51-1.55-3.38-6.8-1.71-0.55
Capital expenditures-2.78-0.4-0.15-0.21-0.25-0.33-0.08-0.08
Cash from investing-2.85-0.37-0.150.0914.9-0.33-0.080.060.010.01
Debt issued00.220.47-0.04
Debt repaid0.02
Stock issued0.100.18
Cash from financing3.182.310.050.74-8.35-0.693.466.741.710.53
Net change in cash-0.460.67-0.461.323-2.5800.010.01-0.01
Free cash flow-3.57-1.66-0.510.28-3.76-1.89-3.46-6.88
Interest paid0.470.730.780.930.340.1
Income taxes paid0000

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $0.01 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Return on assets (ROA)-2,320.0%Net income / average total assets.

Growth

MetricValueHow it is calculated
Gross profit CAGR, 3y-81.0%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y-10.3%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-14.7%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y0.0%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y0.0%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.00xCurrent assets / current liabilities.
Quick ratio0.00x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.00x(Cash + short-term investments) / current liabilities.
Liabilities / assets1,749.0%Total liabilities / total assets.
Interest coverage-0.26xOperating income / interest expense.
Working capital-$10.1MCurrent assets - current liabilities.
Tangible book value-$9.5MShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.41Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Operating cash flow per share-$0.01Cash from operations / diluted weighted shares.
Book value per share-$0.29Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$0.29Tangible book value / shares outstanding.
Cash per share$0.00(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$263.7KShare price x shares outstanding.
Enterprise value$256.8KMarket cap + total debt - cash - short-term investments.
Earnings yield-5,072.0%Net income / market cap (the inverse of P/E).
Was First Choice Healthcare Solutions, Inc. profitable in fiscal 2025?

No. It reported a net loss of $7.0M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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