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LevelJump Reports Revenue Growth Amidst Net Loss

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LevelJump Reports Revenue Growth Amidst Net Loss

Leveljump Healthcare Corp. (TSE:JUMP) has released an update.

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LevelJump Healthcare Corp. reported a significant revenue increase for 2023, rising 36% to $12.6 million, primarily driven by its subsidiary, Canadian Teleradiology Services, which also reported a net profit of $1 million. Despite this growth, the company faced a net loss of $2.2 million for the year. Additionally, LevelJump canceled a planned acquisition of a pre-1954 Pharmacy Charter due to recent changes in federal capital gains rates.

For further insights into TSE:JUMP stock, check out TipRanks’ Stock Analysis page.

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