LevelJump Reports Revenue Growth Amidst Net Loss
Company Announcements

LevelJump Reports Revenue Growth Amidst Net Loss

Story Highlights

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

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.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskLevelJump Healthcare Reports Strong Q1 Growth
TipRanks Canadian Auto-Generated NewsdeskLevelJump Braces for Trading Suspension
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!