Elite Hlth Sys Financials

EHSI

Source SEC Filings (10-K/10-Q) Updated May 20, 2026 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 17 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).

Rhea AI EHSI FY2025 2026-05-20

Elite Health Systems is still a capital-funded operating platform, with overhead and cash burn running far ahead of its modest revenue base.

Across the last two valid years, liquidity held up only because new financing outran cash burn: financing inflows totaled $8.5M while free cash flow was -$4.5M. That is why cash still sat near $3.8M, even as the business remained dependent on external capital rather than internally generated cash.

In FY2025, gross profit covered only a sliver of overhead: gross profit was $118K against SG&A of $4.0M. That gap suggests the current expense base reflects build-out ahead of revenue rather than a scaled operating model.

Reported losses are also real cash losses, not mainly accounting noise, because operating cash flow was -$2.9M and capital spending only $7K. The balance sheet remains equity-funded rather than debt-heavy, so financial strain shows up through repeated share issuance more than through creditor claims.

Financial Health Signals

Financial Profile 27/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Elite Hlth Sys's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Elite Hlth Sys has an operating margin of -374.9%, meaning the company retains $-375 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses.

Leverage

Elite Hlth Sys carries a low D/E ratio of 0.25, meaning only $0.25 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 97/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

With a current ratio of 3.35, Elite Hlth Sys holds $3.35 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 65/100.

Cash Flow

While Elite Hlth Sys generated -$2.9M in operating cash flow, capex of $7K consumed most of it, leaving -$2.9M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Returns

Elite Hlth Sys generates a -146.9% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from -49.2% the prior year.

Piotroski F-Score Weak

2/9

Elite Hlth Sys passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Low Quality

0.38x

For every $1 of reported earnings, Elite Hlth Sys generates $0.38 in operating cash flow (-$2.9M OCF vs -$7.8M 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

$1.0M

5Y CAGR-20.2%

Elite Hlth Sys generated $1.0M in revenue in fiscal year 2025.

EBITDA

-$3.8M

Elite Hlth Sys's EBITDA was -$3.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

Net Income

-$7.8M

YoY-279.8%

Elite Hlth Sys reported -$7.8M in net income in fiscal year 2025. This represents a decrease of 279.8% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

-$2.9M

YoY-94.5%

Elite Hlth Sys generated -$2.9M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 94.5% from the prior year.

Cash & Debt

$3.8M

YoY-6.8%

5Y CAGR+13.1%

10Y CAGR+13.4%

Elite Hlth Sys held $3.8M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

29M

YoY+42.7%

5Y CAGR+29.6%

10Y CAGR+13.8%

Elite Hlth Sys had 29M shares outstanding in fiscal year 2025. This represents an increase of 42.7% from the prior year.

Margins & Returns

Gross Margin

11.5%

Elite Hlth Sys's gross margin was 11.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs.

Operating Margin

-374.9%

5Y CAGR-425.8pp

Elite Hlth Sys's operating margin was -374.9% in fiscal year 2025, reflecting core business profitability.

Net Margin

-762.1%

5Y CAGR-778.9pp

Elite Hlth Sys's net profit margin was -762.1% in fiscal year 2025, showing the share of revenue converted to profit.

Return on Equity

-146.9%

YoY-97.7pp

5Y CAGR-161.3pp

10Y CAGR-163.7pp

Elite Hlth Sys's ROE was -146.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 97.7 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$7K

Elite Hlth Sys invested $7K in capex in fiscal year 2025, funding long-term assets and infrastructure.

EHSI Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$1.0M	$0	$0	$0-100.0%	$1.1M-66.6%	$3.2M
Cost of Revenue	$906K	$0	N/A	N/A	N/A	N/A
Gross Profit	$118K	$0	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	$4.0M+120.7%	$1.8M+134.4%	$765K-44.8%	$1.4M+30.4%	$1.1M-11.2%	$1.2M
Operating Income	-$3.8M-114.1%	-$1.8M-134.4%	-$765K+44.8%	-$1.4M-1475.0%	-$88K-105.4%	$1.6M
Interest Expense	N/A	N/A	$2K	$0-100.0%	$3K-88.0%	$25K
Income Tax	$0+100.0%	-$163K	$0-100.0%	$39K-90.7%	$420K+30.0%	$323K
Net Income	-$7.8M-279.8%	-$2.1M-151.8%	-$816K+48.1%	-$1.6M-78.4%	-$881K-265.3%	$533K
EPS (Diluted)	N/A	N/A	$-0.170.0%	$-0.17-54.5%	$-0.11-257.1%	$0.07

Metric	Q2'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$1.4M	N/A	$0	$0	$0	N/A	$0	$0
Cost of Revenue	$1.3M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	$117K	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	$1.4M	N/A	$1.2M+161.8%	$445K+4.2%	$427K	N/A	$387K-11.4%	$437K
Operating Income	-$1.3M	N/A	-$1.2M-161.8%	-$445K-4.2%	-$427K	N/A	-$387K+11.4%	-$437K
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	$0	$0
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	$0	$0
Net Income	-$1.3M	N/A	-$1.2M-163.3%	-$441K-4.0%	-$424K	N/A	-$290K+32.9%	-$432K
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

EHSI Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$6.7M+54.2%	$4.3M+227.1%	$1.3M-24.4%	$1.7M-52.6%	$3.7M-11.6%	$4.2M
Current Assets	$4.5M+5.5%	$4.2M+706.3%	$527K-66.1%	$1.6M-30.7%	$2.2M-25.4%	$3.0M
Cash & Equivalents	$3.8M-6.8%	$4.0M+765.7%	$466K-69.7%	$1.5M-29.4%	$2.2M+7.3%	$2.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$330K	$0	$0	$0	$0-100.0%	$346K
Goodwill	$984K	$0	N/A	$0-100.0%	$315K	$0
Total Liabilities	$1.4M+844.8%	$143K-78.8%	$676K+132.3%	$291K-55.9%	$660K+35.5%	$487K
Current Liabilities	$1.3M+1325.5%	$94K-84.5%	$607K+116.8%	$280K-55.3%	$626K+52.7%	$410K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$5.3M+27.2%	$4.2M+547.8%	$645K-47.9%	$1.2M-51.9%	$2.6M-30.1%	$3.7M
Retained Earnings	-$12.2M-175.6%	-$4.4M-86.0%	-$2.4M-39.8%	-$1.7M-358.4%	-$373K-173.4%	$508K

Metric	Q2'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$5.4M-18.5%	$6.7M+25.5%	$5.3M+33.3%	$4.0M-7.8%	$4.3M0.0%	$4.3M+13.6%	$3.8M+25.5%	$3.0M
Current Assets	$3.3M-27.0%	$4.5M+4.9%	$4.3M+35.1%	$3.2M-15.2%	$3.7M-12.2%	$4.2M+33.2%	$3.2M+42.4%	$2.2M
Cash & Equivalents	$2.6M-30.8%	$3.8M-5.3%	$4.0M+27.2%	$3.1M-15.6%	$3.7M-8.4%	$4.0M+27.1%	$3.2M+44.6%	$2.2M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	$330K	N/A	N/A	N/A	$0	N/A	N/A
Goodwill	$984K0.0%	$984K	N/A	N/A	N/A	$0	N/A	N/A
Total Liabilities	$1.4M+1.6%	$1.4M+364.3%	$291K+47.7%	$197K+116.5%	$91K-36.4%	$143K0.0%	$143K-86.2%	$1.0M
Current Liabilities	$1.4M+1.6%	$1.3M+396.3%	$270K+61.7%	$167K+227.5%	$51K-45.7%	$94K+1.1%	$93K-90.5%	$976K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$4.1M-23.6%	$5.3M+5.8%	$5.0M+32.6%	$3.8M-10.4%	$4.2M+1.2%	$4.2M+14.1%	$3.7M+83.0%	$2.0M
Retained Earnings	-$13.5M-10.6%	-$12.2M-89.3%	-$6.5M-21.9%	-$5.3M-9.1%	-$4.9M-9.5%	-$4.4M-29.8%	-$3.4M-9.1%	-$3.1M

EHSI Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$2.9M-94.1%	-$1.5M-70.0%	-$891K+36.9%	-$1.4M-912.1%	$174K-84.4%	$1.1M
Capital Expenditures	$7K	$0	N/A	N/A	N/A	N/A
Free Cash Flow	-$2.9M-94.5%	-$1.5M	N/A	N/A	N/A	N/A
Investing Cash Flow	-$1.1M-504.6%	$263K+246.1%	-$180K-123.3%	$772K+1125.4%	$63K-86.8%	$479K
Financing Cash Flow	$3.7M-22.7%	$4.8M	$0	$0+100.0%	-$89K+90.1%	-$901K
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	Q2'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	-$1.3M+15.8%	-$1.5M-82.6%	-$817K-144.6%	-$334K-12.5%	-$297K+43.6%	-$527K-631.9%	-$72K+84.2%	-$455K
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	-$515K-520.5%	-$83K+63.1%	-$225K+6.6%	-$241K+53.2%	-$515K-295.8%	$263K	$0	$0
Financing Cash Flow	$100K-92.7%	$1.4M-27.9%	$1.9M	$0-100.0%	$474K-57.9%	$1.1M+7.1%	$1.1M+16.7%	$900K
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	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	11.5%	N/A	N/A	N/A	N/A	N/A
Operating Margin	-374.9%	N/A	N/A	N/A	-8.3%-59.2pp	50.9%
Net Margin	-762.1%	N/A	N/A	N/A	-83.0%-99.8pp	16.8%
Return on Equity	-146.9%-97.7pp	-49.2%+77.3pp	-126.5%+0.4pp	-126.9%-92.7pp	-34.2%-48.7pp	14.5%
Return on Assets	-117.1%-69.5pp	-47.6%+14.2pp	-61.8%+28.2pp	-90.0%-66.1pp	-23.9%-36.7pp	12.8%
Current Ratio	3.35-41.9	45.20+44.3	0.87-4.7	5.55+2.0	3.58-3.8	7.33
Debt-to-Equity	0.25+0.2	0.03-1.0	1.05+0.8	0.23-0.0	0.26+0.1	0.13
FCF Margin	-287.8%	N/A	N/A	N/A	N/A	N/A

Metric	Q2'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	8.4%	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	-92.8%	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-92.6%	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	-31.9%	N/A	-23.1%-11.5pp	-11.7%-1.6pp	-10.0%	N/A	-7.9%+13.7pp	-21.6%
Return on Assets	-23.8%	N/A	-21.9%-10.8pp	-11.1%-1.3pp	-9.8%	N/A	-7.6%+6.6pp	-14.2%
Current Ratio	2.40-0.9	3.35-12.5	15.83-3.1	18.93-54.2	73.14+27.9	45.20+10.9	34.31+32.0	2.30
Debt-to-Equity	0.34+0.1	0.25+0.2	0.060.0	0.05+0.0	0.02-0.0	0.030.0	0.04-0.5	0.52
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 $1.0M in total revenue for fiscal year 2025. 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 -$7.8M in fiscal year 2025, with a net profit margin of -762.1%.

What is Elite Hlth Sys's EBITDA?

Elite Hlth Sys (EHSI) had EBITDA of -$3.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Elite Hlth Sys's gross margin?

Elite Hlth Sys (EHSI) had a gross margin of 11.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Elite Hlth Sys's operating margin?

Elite Hlth Sys (EHSI) had an operating margin of -374.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Elite Hlth Sys's net profit margin?

Elite Hlth Sys (EHSI) had a net profit margin of -762.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

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

Elite Hlth Sys (EHSI) has a return on equity of -146.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Elite Hlth Sys's free cash flow?

Elite Hlth Sys (EHSI) generated -$2.9M in free cash flow during fiscal year 2025. This represents a -94.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Elite Hlth Sys's operating cash flow?

Elite Hlth Sys (EHSI) generated -$2.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Elite Hlth Sys's total assets?

Elite Hlth Sys (EHSI) had $6.7M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Elite Hlth Sys's capital expenditures?

Elite Hlth Sys (EHSI) invested $7K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Elite Hlth Sys have outstanding?

Elite Hlth Sys (EHSI) had 29M shares outstanding as of fiscal year 2025.

What is Elite Hlth Sys's current ratio?

Elite Hlth Sys (EHSI) had a current ratio of 3.35 as of fiscal year 2025, 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 0.25 as of fiscal year 2025, 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 -117.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Elite Hlth Sys's cash runway?

Based on fiscal year 2025 data, Elite Hlth Sys (EHSI) had $3.8M in cash against an annual operating cash burn of $2.9M. This gives an estimated cash runway of approximately 15 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 2 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 to 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 0.38x, 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.

How financially healthy is Elite Hlth Sys?

Elite Hlth Sys (EHSI) scores 27 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.