Imac Holdings Inc   (BACK)
Other Ticker:  
    Sector  Healthcare    Industry Healthcare Facilities
   Industry Healthcare Facilities
   Sector  Healthcare
Price: $1.4600 $0.00 0.000%
Day's High: $1.59 Week Perf: -15.61 %
Day's Low: $ 1.45 30 Day Perf: -29.81 %
Volume (M): 6 52 Wk High: $ 5.40
Volume (M$): $ 8 52 Wk Avg: $0.97
Open: $1.59 52 Wk Low: $0.09

 Market Capitalization (Millions $) 2
 Shares Outstanding (Millions) 1
 Employees -
 Revenues (TTM) (Millions $) 8
 Net Income (TTM) (Millions $) -15
 Cash Flow (TTM) (Millions $) -3
 Capital Exp. (TTM) (Millions $) 0

Imac Holdings Inc
iMac Holdings Inc is a holding company that specializes in the acquisition and management of various businesses in different industries. The company's primary focus is on identifying undervalued or distressed businesses and implementing strategies to improve their operations and profitability. iMac Holdings Inc typically acquires controlling interests in these companies and works closely with their management teams to drive growth and maximize shareholder value. They have a diversified portfolio of businesses ranging from manufacturing to technology to retail.

   Company Address: 3401 Mallory Lane Franklin 37067 TN
   Company Phone Number: 266-4622   Stock Exchange / Ticker: NASDAQ BACK
   BACK is expected to report next financial results on March 30, 2024.


Stock Performances by Major Competitors

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Imac Holdings Inc

Imac Holdings Inc Faces Steep Financial Decline in Q3, Raising Concerns for Future

Imac Holdings Inc, a healthcare facilities company, recently released its financial results for the third quarter of 2023. While the report highlighted a considerable decline in revenue and an increased net loss per share compared to the previous year, there are indications of progress when compared to the preceding quarter. This article aims to interpret these financial results and speculate on their potential impact on the future prospects of the company.
Disastrous Q3 Performance:
Imac Holdings Inc's financial report reveals a significant setback in its revenue, with a staggering 58.644% decrease to $1.57 million. This decline is a cause for concern, showing that the company may have been significantly impacted by external factors or internal challenges. The net loss per share also saw a widening of $-2.63 from the comparable quarter a year before, suggesting a decrease in profitability.

Imac Holdings Inc

Imac Holdings Inc Takes a Severe Hit: Revenue Plunges 73% in the April-June 2023 Fiscal Span, but Promising Growth Shines Through

The stock market can often be unpredictable, but there are always opportunities for those who pay close attention to the numbers. In the fiscal span of April to June 2023, BACK, a leading company in the Healthcare Facilities industry, decreased its loss per share to $-0.04, compared to $-0.07 the previous year. This improvement in earnings per share shows promising growth for the company.
Moreover, BACK's revenue experienced a sharp decline of -73.297% to $1.34 million from $5.03 million in the previous comparable financial reporting period. Although this might seem concerning, it is essential to consider the context. Many companies in the Healthcare Facilities industry also faced revenue decreases during this period. However, it is worth noting that BACK saw a sequential revenue tumble of only -35.798% from $2.09 million, indicating some stability and potential for recovery.

Imac Holdings Inc

IMAC Holdings Inc Battles Significant Challenges in Q1 2023, Reports Decrease in Loss per Share and Slight Improvement in Income per Share

Imac Holdings Inc Releases Q1 2023 Financial Results: Revenue Tumbled and Net Losses Rose Compared to Last Year
Imac Holdings Inc, a leading provider of healthcare services, recently announced its financial results for the first quarter ended March 31, 2023. Despite some positive developments, the company faced challenges in this reporting season, with a drop in revenue and an increase in net losses. Here are the key details of Imac Holdings' Q1 2023 financial performance:
Revenue: Imac Holdings' revenue for the first quarter of 2023 was $2.09 million, reflecting a decline of 46.255% from the same reporting period a year earlier, when it generated revenue of $3.89 million. Sequentially, the revenue declined by 39.697% compared to the last reporting season, which reported revenue of $3.47 million. The significant drop in revenue can be attributed to various factors, such as the economic slowdown, reduced patient volume, and lower reimbursement rates.
Net Losses: In the first quarter of 2023, Imac Holdings reported a net shortfall of $-3.699 million, which was higher than $-3.162 million a year earlier. This showed that the company's net losses surged compared to last year's reporting season. The increased net losses could be due to higher operating and administrative expenses, lower revenues, and slower reimbursements.


Imac Holdings Inc's Segments
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