Elite Hlth Sys Financials

EHSI

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Elite Hlth Sys (EHSI) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Piotroski F-Score Weak

3/9

Elite Hlth Sys passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Low Quality

0.75x

For every $1 of reported earnings, Elite Hlth Sys generates $0.75 in operating cash flow (-$1.5M OCF vs -$2.0M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Earnings & Revenue

Revenue

Elite Hlth Sys generated $0 in revenue in fiscal year 2024.

EBITDA

N/A

Net Income

-$2.0M

YoY-148.3%

Elite Hlth Sys reported -$2.0M in net income in fiscal year 2024. This represents a decrease of 148.3% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$4.0M

YoY+765.7%

5Y CAGR+24.8%

10Y CAGR+14.4%

Elite Hlth Sys held $4.0M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

20M

YoY+115.2%

5Y CAGR+20.7%

10Y CAGR+9.9%

Elite Hlth Sys had 20M shares outstanding in fiscal year 2024. This represents an increase of 115.2% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

-48.5%

YoY+78.0pp

5Y CAGR-53.0pp

10Y CAGR-77.1pp

Elite Hlth Sys's ROE was -48.5% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 78.0 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

EHSI Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$0	$0	$0-100.0%	$1.1M-66.6%	$3.2M+3.4%	$3.1M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$1.8M+134.4%	$765K-44.8%	$1.4M+30.4%	$1.1M-11.2%	$1.2M-2.7%	$1.2M
Operating Income	-$1.8M-134.4%	-$765K+44.8%	-$1.4M-1475.0%	-$88K-105.4%	$1.6M+8.4%	$1.5M
Interest Expense	N/A	$2K	$0-100.0%	$3K-88.0%	$25K-72.5%	$91K
Income Tax	-$163K	$0-100.0%	$39K-90.7%	$420K+30.0%	$323K+3488.9%	$9K
Net Income	-$2.0M-148.3%	-$816K+48.1%	-$1.6M-78.4%	-$881K-265.3%	$533K+275.4%	$142K
EPS (Diluted)	N/A	$-0.170.0%	$-0.17-54.5%	$-0.11-257.1%	$0.07	N/A

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Revenue	$0	$0	$0	N/A	$0	$0	$0	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$1.2M+161.8%	$445K+4.2%	$427K	N/A	$387K-11.4%	$437K-8.2%	$476K	N/A
Operating Income	-$1.2M-161.8%	-$445K-4.2%	-$427K	N/A	-$387K+11.4%	-$437K+8.2%	-$476K	N/A
Interest Expense	N/A	N/A	N/A	N/A	$0	$0-100.0%	$1K	N/A
Income Tax	N/A	N/A	N/A	N/A	$0	$0+100.0%	-$163K	N/A
Net Income	-$1.2M-163.3%	-$441K-4.0%	-$424K	N/A	-$290K+32.9%	-$432K-38.5%	-$312K	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	$-0.03	N/A

EHSI Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$4.3M+227.1%	$1.3M-24.4%	$1.7M-52.6%	$3.7M-11.6%	$4.2M-16.5%	$5.0M
Current Assets	$4.2M+706.3%	$527K-66.1%	$1.6M-30.7%	$2.2M-25.4%	$3.0M+12.2%	$2.7M
Cash & Equivalents	$4.0M+765.7%	$466K-69.7%	$1.5M-29.4%	$2.2M+7.3%	$2.0M+52.1%	$1.3M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	$0	$0	$0-100.0%	$346K-2.8%	$356K
Goodwill	$0	N/A	$0-100.0%	$315K	$0	N/A
Total Liabilities	$143K-78.8%	$676K+132.3%	$291K-55.9%	$660K+35.5%	$487K-73.6%	$1.8M
Current Liabilities	$94K-84.5%	$607K+116.8%	$280K-55.3%	$626K+52.7%	$410K-75.0%	$1.6M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$4.2M+547.8%	$645K-47.9%	$1.2M-51.9%	$2.6M-30.1%	$3.7M+16.9%	$3.2M
Retained Earnings	-$4.4M-86.0%	-$2.4M-39.8%	-$1.7M-358.4%	-$373K-173.4%	$508K+2132.0%	-$25K

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Total Assets	$5.3M+33.3%	$4.0M-7.8%	$4.3M0.0%	$4.3M+13.6%	$3.8M+25.5%	$3.0M+16.6%	$2.6M+96.8%	$1.3M
Current Assets	$4.3M+35.1%	$3.2M-15.2%	$3.7M-12.2%	$4.2M+33.2%	$3.2M+42.4%	$2.2M+24.1%	$1.8M+242.7%	$527K
Cash & Equivalents	$4.0M+27.2%	$3.1M-15.6%	$3.7M-8.4%	$4.0M+27.1%	$3.2M+44.6%	$2.2M+25.4%	$1.8M+275.5%	$466K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$0
Goodwill	N/A	N/A	N/A	$0	N/A	N/A	N/A	N/A
Total Liabilities	$291K+47.7%	$197K+116.5%	$91K-36.4%	$143K0.0%	$143K-86.2%	$1.0M-54.4%	$2.3M+235.4%	$676K
Current Liabilities	$270K+61.7%	$167K+227.5%	$51K-45.7%	$94K+1.1%	$93K-90.5%	$976K-55.7%	$2.2M+262.8%	$607K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$5.0M+32.6%	$3.8M-10.4%	$4.2M+1.2%	$4.2M+14.1%	$3.7M+83.0%	$2.0M+500.9%	$333K-48.4%	$645K
Retained Earnings	-$6.5M-21.9%	-$5.3M-9.1%	-$4.9M-9.5%	-$4.4M-29.8%	-$3.4M-9.1%	-$3.1M-16.1%	-$2.7M-13.1%	-$2.4M

EHSI Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	-$1.5M-70.0%	-$891K+36.9%	-$1.4M-912.1%	$174K-84.4%	$1.1M-27.8%	$1.5M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	$263K+246.1%	-$180K-123.3%	$772K+1125.4%	$63K-86.8%	$479K+243.4%	-$334K
Financing Cash Flow	$4.8M	$0	$0+100.0%	-$89K+90.1%	-$901K+35.5%	-$1.4M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Operating Cash Flow	-$817K-144.6%	-$334K-12.5%	-$297K+43.6%	-$527K-631.9%	-$72K+84.2%	-$455K+1.3%	-$461K-44.1%	-$320K
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$225K+6.6%	-$241K+53.2%	-$515K-295.8%	$263K	$0	$0	$0+100.0%	-$166K
Financing Cash Flow	$1.9M	$0-100.0%	$474K-57.9%	$1.1M+7.1%	$1.1M+16.7%	$900K-48.4%	$1.7M	$0
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

EHSI Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	-8.3%-59.2pp	50.9%+2.4pp	48.5%
Net Margin	N/A	N/A	N/A	-83.0%-99.8pp	16.8%+12.2pp	4.6%
Return on Equity	-48.5%+78.0pp	-126.5%+0.4pp	-126.9%-92.7pp	-34.2%-48.7pp	14.5%+10.0pp	4.5%
Return on Assets	-46.9%+14.9pp	-61.8%+28.2pp	-90.0%-66.1pp	-23.9%-36.7pp	12.8%+9.9pp	2.8%
Current Ratio	45.20+44.3	0.87-4.7	5.55+2.0	3.58-3.8	7.33+5.7	1.64
Debt-to-Equity	0.03-1.0	1.05+0.8	0.23-0.0	0.26+0.1	0.13-0.5	0.58
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	-23.1%-11.5pp	-11.7%-1.6pp	-10.0%	N/A	-7.9%+13.7pp	-21.6%+72.1pp	-93.7%	N/A
Return on Assets	-21.9%-10.8pp	-11.1%-1.3pp	-9.8%	N/A	-7.6%+6.6pp	-14.2%-2.2pp	-12.0%	N/A
Current Ratio	15.83-3.1	18.93-54.2	73.14+27.9	45.20+10.9	34.31+32.0	2.30+1.5	0.82-0.0	0.87
Debt-to-Equity	0.060.0	0.05+0.0	0.02-0.0	0.030.0	0.04-0.5	0.52-6.3	6.81+5.8	1.05
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Frequently Asked Questions

What is Elite Hlth Sys's annual revenue?

Elite Hlth Sys (EHSI) reported $0 in total revenue for fiscal year 2024. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Is Elite Hlth Sys profitable?

No, Elite Hlth Sys (EHSI) reported a net income of -$2.0M in fiscal year 2024.

What is Elite Hlth Sys's return on equity (ROE)?

Elite Hlth Sys (EHSI) has a return on equity of -48.5% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Elite Hlth Sys's operating cash flow?

Elite Hlth Sys (EHSI) generated -$1.5M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Elite Hlth Sys's total assets?

Elite Hlth Sys (EHSI) had $4.3M in total assets as of fiscal year 2024, including both current and long-term assets.

How many shares does Elite Hlth Sys have outstanding?

Elite Hlth Sys (EHSI) had 20M shares outstanding as of fiscal year 2024.

What is Elite Hlth Sys's current ratio?

Elite Hlth Sys (EHSI) had a current ratio of 45.20 as of fiscal year 2024, which is generally considered healthy.

What is Elite Hlth Sys's debt-to-equity ratio?

Elite Hlth Sys (EHSI) had a debt-to-equity ratio of 0.03 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Elite Hlth Sys's return on assets (ROA)?

Elite Hlth Sys (EHSI) had a return on assets of -46.9% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Elite Hlth Sys's cash runway?

Based on fiscal year 2024 data, Elite Hlth Sys (EHSI) had $4.0M in cash against an annual operating cash burn of $1.5M. This gives an estimated cash runway of approximately 32 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

What is Elite Hlth Sys's Piotroski F-Score?

Elite Hlth Sys (EHSI) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Elite Hlth Sys's earnings high quality?

Elite Hlth Sys (EHSI) has an earnings quality ratio of 0.75x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.