United American Healthcare Corp. (UAHC, Financial) filed Quarterly Report for the period ended 2010-12-31.
Utd Amer Health has a market cap of $2.83 million; its shares were traded at around $0 with and P/S ratio of 0.74.
Earnings from discontinued operations was $0.3 million, or $0.4 per basic and diluted share for the quarter ended December 31, 2010, compared to loss from discontinued operations of $0.1 million, or ($0.01) per basic share for the quarter ended December 31, 2009.
Total operating revenues were $4.3 million for the six months ended December 31, 2010, compared to $0 for the six months ended December 31, 2010. The revenues for the six months ended December 31, 2010 related to contract manufacturing services resulting from the Pulse acquisition. On a proforma basis, total operating revenues were $4.3 million compared proforma operating revenues of $4.1 million. Revenues attributable to discontinued operations were $0.4 million for the six months ended December 31, 2010 compared to $3.5 million for the six months ended December 31, 2009.
Loss from continuing operations was $2.1 million, or ($0.22) per basic share, for the six months ended December 31, 2010, compared to loss from continuing operations of $2.3 million, or ($0.28) per basic share, for the six months ended December 31, 2009.
Income from discontinued operations was $0.3 million, or $0.03 per basic and diluted share, for the six months ended December 31, 2010, compared to loss from discontinued operations of $0.4 million or ($0.05) per basic share, for the six months ended December 31, 2009.
At December 31, 2010, the Company had (i) cash and cash equivalents and short-term marketable securities of $1.9 million, compared to $3.5 million at June 30, 2010; (ii) negative working capital of ($0.9) million, compared to negative working capital of ($0.7) million at June 30, 2010; and (iii) a current assets-to-current liabilities ratio of 0.81-to-1, compared to 0.87-to-1 at June 30, 2010.
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Utd Amer Health has a market cap of $2.83 million; its shares were traded at around $0 with and P/S ratio of 0.74.
Highlight of Business Operations:
Total operating revenues were $2.2 million for the three months ended December 31, 2010, compared to $0 for the three months ended December 31, 2009. The operating revenues for the three months ended December 31, 2010 related to contract manufacturing services resulting from the Pulse acquisition. On a proforma basis, total revenues were $2.2 million for the three months ended December 31, 2010, compared to proforma revenue of $1.9 million for the three months ended December 31, 2009. As described in Note 5 the Medicare operations were reclassified to discontinued operations. Revenues from discontinued operations were $0.4 million for the three months ended December 31, 2010 compared to $1.7 million for the three months ended December 31, 2009.Earnings from discontinued operations was $0.3 million, or $0.4 per basic and diluted share for the quarter ended December 31, 2010, compared to loss from discontinued operations of $0.1 million, or ($0.01) per basic share for the quarter ended December 31, 2009.
Total operating revenues were $4.3 million for the six months ended December 31, 2010, compared to $0 for the six months ended December 31, 2010. The revenues for the six months ended December 31, 2010 related to contract manufacturing services resulting from the Pulse acquisition. On a proforma basis, total operating revenues were $4.3 million compared proforma operating revenues of $4.1 million. Revenues attributable to discontinued operations were $0.4 million for the six months ended December 31, 2010 compared to $3.5 million for the six months ended December 31, 2009.
Loss from continuing operations was $2.1 million, or ($0.22) per basic share, for the six months ended December 31, 2010, compared to loss from continuing operations of $2.3 million, or ($0.28) per basic share, for the six months ended December 31, 2009.
Income from discontinued operations was $0.3 million, or $0.03 per basic and diluted share, for the six months ended December 31, 2010, compared to loss from discontinued operations of $0.4 million or ($0.05) per basic share, for the six months ended December 31, 2009.
At December 31, 2010, the Company had (i) cash and cash equivalents and short-term marketable securities of $1.9 million, compared to $3.5 million at June 30, 2010; (ii) negative working capital of ($0.9) million, compared to negative working capital of ($0.7) million at June 30, 2010; and (iii) a current assets-to-current liabilities ratio of 0.81-to-1, compared to 0.87-to-1 at June 30, 2010.
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