Ethema Posts Strong Year End Results

Ethema Posts Strong Year End Results
West Palm Beach, FL, April 04, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Ethema Health Corporation (OTCPINK: GRST) (“Ethema”, “GRST” or the “Company”), on March 31, 2023 filed the 10-K 2023 annual report. The Company’s Evernia subsidiary continued its growth and had an operating income of $0.5 million, including a depreciation and amortization charge of $0.4 million ($0.9 million before depreciation and amortization), marginally below our target for 2022. The Company’s wholly owned subsidiary, PB Billing LLC which started operating in May 2022, had an operating income of $0.1 million for the year. After corporate overhead expenses the Group achieved…

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