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GBCS
SELECTIS HEALTH, INC.
5.73
+0.00 +0.00%
USD · close Oct 6
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Work order
0
FLAG · shorts 0
Insiders, 90 days
0
no open-market filings in 90 days
Congress, 90 days
0 / 0
no disclosures naming it
Big money
0 / 15
none of the tracked funds disclose it
Calls on record
0
nobody we score has called it yet
MKT CAP $17.6MP/E 1.4DIV YIELD —FCF YIELD -22.03%REV TTM $32.5M −21.3%NET INCOME $14.6MNET DEBT $10.8M52W 5.30 – 5.83SEC XBRL · TTM TO Invalid Date
How GBCS rewrote its risk factors
Text kept
36%
of sentences unchanged
Added
13
new sentences
Dropped
14
sentences removed
Length
−131
words, now 974
New in FY2025
- RISK FACTORS The company is subject to several risks, including, but not limited to, those discussed below: ● Risks Related to Revenue : The revenues from our operations and from our tenants are dependent on occupancy.
- In addition to the impact of increases in mortality rates on occupancy of our operating facilities, from visiting our facilities and limited the ability of new occupants to move into our facilities due to heightened move-in criteria and screening.
- Such a decrease could affect the net operating income of our operating properties and the ability of our triple-net operators to make contractual payments to us. ● Risks Related to Operator and Tenant Financial Condition: In addition to the risk of decreased revenue from tenant and operator payments, decreased occupancy creates a heightened risk of tenant and operator, bankruptcy, or insolvency due to factors such as decreased occupancy, medical practice disruptions resulting from stay-at-home orders, increased health and safety and labor expenses.
- If we cannot transition a leased property to a new tenant, we may take possession of that property, which may expose us to certain successor liabilities.
- Publicity about the operator’s financial condition and insolvency proceedings, may also negatively impact their and our reputations, decreasing customer demand and revenues.
- Operators and tenants are also subject to risks arising from the unique pressures on seniors housing and medical practice employees.
- As a result of difficult Employee morale and productivity may suffer and additional pay, such as hazard pay, may not be sufficient to retain key operator and tenant employees.
- In addition, our operations may be adversely impacted if a significant number of our employees’ get ill.
- Although we continue to undertake extensive efforts to ensure the safety of our properties, employees, and residents and to provide operator support in this regard, the impact of the illness on our facilities could result in additional operational costs and reputational and litigation risk to us.
- As a result of the pandemic, operator and tenant cost of insurance is expected to increase and such insurance may not cover certain claims.
- Our exposure to litigation risk may be increased if the operators or tenants of the relevant facilities are subject to bankruptcy or insolvency.
- In addition, we are facing increased operational challenges and costs resulting from logistical challenges such as supply chain interruptions, business closures and restrictions on the movement of people. ● Risks Related to Property Acquisitions and Dispositions: Our investments in and acquisitions of senior housing and health care properties, as well as our ability to transition or sell properties with profitable results, may be limited.
- Such disruptions to acquisition, disposition and development activity may negatively impact our long-term competitive position. ● Risks Related to Liquidity: Public health measures implemented by governments worldwide has had severe global macroeconomic impacts and has resulted in significant financial market volatility.
Gone since FY2024
- RISK FACTORS The COVID-19 pandemic has subjected our business, operations, and financial condition to several risks, including, but not limited to, those discussed below: ● Risks Related to Revenue : The revenues from our operations and from our tenants are dependent on occupancy.
- In addition to the impact of increases in mortality rates on occupancy of our operating facilities, the ongoing COVID-19 pandemic has prevented prospective occupants and their families from visiting our facilities and limited the ability of new occupants to move into our facilities due to heightened move-in criteria and screening.
- Such a decrease could affect the net operating income of our operating properties and the ability of our triple-net operators to make contractual payments to us. ● Risks Related to Operator and Tenant Financial Condition: In addition to the risk of decreased revenue from tenant and operator payments, the impact of the COVID-19 pandemic creates a heightened risk of tenant and operator, bankruptcy, or insolvency due to factors such as decreased occupancy, medical practice disruptions resulting from stay-at-home orders, increased health and safety and labor expenses or litigation resulting from developments related to the COVID-19 pandemic.
- If we cannot transition a leased property to a new tenant because of the COVID-19 pandemic or for other reasons, we may take possession of that property, which may expose us to certain successor liabilities.
- Publicity about the operator’s financial condition and insolvency proceedings, particularly considering ongoing publicity related to the COVID-19 pandemic, may also negatively impact their and our reputations, decreasing customer demand and revenues.
- Operators and tenants are also subject to risks arising from the unique pressures on seniors housing and medical practice employees during the COVID-19 pandemic.
- As a result of difficult conditions and stresses related to the COVID-19 pandemic, employee morale and productivity may suffer and additional pay, such as hazard pay, may not be sufficient to retain key operator and tenant employees.
- In addition, our operations may be adversely impacted if a significant number of our employees’ contract COVID-19.
- Although we continue to undertake extensive efforts to ensure the safety of our properties, employees, and residents and to provide operator support in this regard, the impact of the COVID-19 pandemic on our facilities could result in additional operational costs and reputational and litigation risk to us.
- As a result of the COVID- 19 pandemic, operator and tenant cost of insurance is expected to increase and such insurance may not cover certain claims related to COVID-19.
- Our exposure to COVID-19 related litigation risk may be increased if the operators or tenants of the relevant facilities are subject to bankruptcy or insolvency.
- In addition, we are facing increased operational challenges and costs resulting from logistical challenges such as supply chain interruptions, business closures and restrictions on the movement of people. ● Risks Related to Property Acquisitions and Dispositions: As a result of uncertainty regarding the length and severity of the COVID-19 pandemic and the impact of the pandemic on our business and related industries, our investments in and acquisitions of senior housing and health care properties, as well as our ability to transition or sell properties with profitable results, may be limited.
- Such disruptions to acquisition, disposition and development activity may negatively impact our long-term competitive position. ● Risks Related to Liquidity: The COVID-19 pandemic and related public health measures implemented by governments worldwide has had severe global macroeconomic impacts and has resulted in significant financial market volatility.
- As the COVID-19 pandemic continues to adversely affect our operating and financial results, it may also have the effect of heightening many of the other risks described in this Report.
Sentence-level comparison of Item 1A in the two most recent 10-Ks (FY2024 ↗, FY2025 ↗). A reworded sentence counts as one dropped and one added, so heavy edits read as low “kept”. Headings and page furniture are stripped; nothing is summarised by a model.