There have been a number of stocks that have managed to clock notable gains for the month of January and one of those is the Ethema Health Corporation (OTCMKTS:GRST) stock, which clocked gains of as much as 25% for the month.
In this situation, it may be a good idea for investors to consider taking a closer look at the company and the nature of its business. The company is focused on the behavioral healthcare space and is mainly involved in providing treatments that are meant for those suffering from disorders originating from substance abuse.
One of the most important things to keep in mind with regard to Ethema Health Corporation is that the company has managed to develop and perfect a unique form of treatment for such patients over the past decade.
The treatment has been successful as well and that is one of the reasons why Ethema Health Corporation could be an interesting company to track. While it is true that Ethema Health Corporation has already come up with an effective and successful treatment, the company is also committed to the development of similar treatments so as to address the needs of the North American market.
The last time the company was in the news was back on November 29 last year when it announced its financial results for the third fiscal quarter of 2022. One of the more important bright spots in the performance was the continued strong performance of the company’s subsidiary business ARIA.
ARIA managed to bring in an EBITDA of $712839 during that time. PB Billing LLC, which is another subsidiary contributed EBITDA of $34579 in the first nine months of 2022. However, it ought to be noted that the company had been acquired by Ethema Health Corporation in May 2022.