Private company
SUNLINK HEALTH SYSTEMS INC
American general medical and surgical hospitals services company.
Last updated Oct 18, 2026.
Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2024
-7.4%Operating margin2
-4.7%Net margin2
-5.4%Revenue growth, 20242
-9.6%Return on equity2
-$4.4MFree cash flow2
Where the money goes
Where each dollar of revenue went, fiscal 2024
- Cost of revenue56¢$18.3M
- Other costs44¢$14.2M
- Income tax0¢$5.0K
Out of $32.4M in revenue.2 The company lost money this year.
Financial statements
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $52.9M4 | $45.2M5 | $45.6M6 | $47.8M7 | $40.7M8 | $41.3M9 | $34.3M2 | $32.4M2 |
| Cost of revenue | $19.9M4 | $18.5M5 | $18.6M2 | $18.3M2 | ||||
| Operating income | -$4.5M10 | -$1.1M5 | -$2.3M6 | -$329.0K7 | $1.9M8 | -$5.3M9 | $74.0K2 | -$2.4M2 |
| Interest | $635.0K10 | $359.0K5 | $241.0K5 | |||||
| Income tax | -$512.0K10 | -$345.0K5 | -$82.0K6 | $296.0K7 | $63.0K8 | $107.0K9 | -$7.0K2 | -$5.0K2 |
| Net income | $2.7M10 | -$1.6M5 | -$1.8M6 | -$1.1M7 | $6.9M8 | -$2.0M9 | -$1.8M2 | -$1.5M2 |
| Earnings per share | $0.2910 | -$0.195 | -$0.256 | -$0.167 | $1.008 | -$0.299 | -$0.262 | -$0.222 |
| Earnings per share (diluted) | $0.2910 | -$0.195 | -$0.256 | -$0.167 | $0.998 | -$0.299 | -$0.262 | -$0.222 |
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash | $10.5M10 | $3.5M5 | $7.7M6 | $11.2M7 | $10.0M8 | $6.8M9 | $4.5M2 | $7.2M2 |
| Current assets | $22.6M10 | $13.1M5 | $16.7M6 | $19.9M7 | $21.9M8 | $16.8M9 | $12.3M2 | $15.7M2 |
| Total assets | $35.3M10 | $26.2M5 | $24.4M6 | $28.0M7 | $31.6M8 | $27.9M9 | $23.3M2 | $20.6M2 |
| Current liabilities | $12.3M10 | $4.9M5 | $8.4M6 | $11.4M7 | $9.7M8 | $7.7M9 | $4.9M2 | $4.2M2 |
| Long-term debt | $010 | $2.8M5 | $127.0K6 | $2.0M7 | $52.0K8 | $14.0K9 | $09 | |
| Shareholders’ equity | $21.7M5 | $17.2M6 | $15.0M7 | $13.7M8 | $20.8M9 | $19.1M2 | $17.4M2 | $16.0M2 |
| Shares outstanding | 9.2M shares13 | 7.3M shares10 | 7.0M shares5 | 6.9M shares6 | 6.9M shares7 | 7.0M shares8 | 7.0M shares9 | 7.0M shares14 |
Leadership
Who has led SUNLINK HEALTH SYSTEMS INC, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
2010201520202025
- Chief executive officerSheila G. Brockman Sep 28, 2020 to Sep 28, 202015
- Chief executive officerRobert M. Thornton Jr. Feb 27, 2006 to Oct 23, 202316
- ChairRobert M. Thornton Jr. Feb 27, 2006 to Oct 23, 202316
- PresidentRobert M. Thornton Jr. Oct 10, 2007 to Oct 23, 202317
- Chief financial officerMark J. Stockslager Feb 28, 2007 to Oct 23, 202318
- Chief financial officerJoseph T. Morris Feb 27, 2006 to Mar 2, 200619
- Chief operating officerA. Ronald Turner Dec 7, 2010 to Sep 26, 201120
- Chief operating officerHarry R. Alvis Mar 2, 2006 to Mar 5, 201021
Board members and other officers (12)
- VP, Hospital Financial Ops.Jack M. Spurr Sep 26, 2007 to Oct 3, 201222
- VP Tech & Compliance ServicesJerome Orth Mar 2, 2006 to Mar 5, 201023
- Corporate Controller & PAOMark J. Stockslager Mar 2, 2006 to Mar 2, 200624
- Corp. Contr. & Prin. Acc. Off.Robert M. Thornton Jr. Dec 29, 2006 to Dec 29, 200625
- Board memberMark J. Stockslager Aug 16, 2023 to Oct 23, 202326
- Board memberC. Michael Ford Mar 2, 2006 to now27
- Board memberGene E. Burleson Mar 2, 2006 to Oct 23, 202328
- Board memberHoward E. Turner Mar 2, 2006 to Nov 28, 202329
- Board memberKaren B. Brenner Mar 2, 2006 to Dec 28, 201730
- Board memberMichael William Hall Mar 2, 2006 to Sep 18, 201331
- Board memberSteven J. Baileys Mar 2, 2006 to Oct 23, 202332
- Board memberRobert M. Thornton Jr. Dec 29, 2006 to Dec 29, 200625
Former names
- KRUG INTERNATIONAL CORPFeb 15, 1994 to Apr 16, 20013
Timeline
Filings
108 filings to the SEC since October 2021: 4 annual reports, 12 quarterly reports, 27 major events, 34 insider forms, 7 large holders, 24 other. The latest 20:
- Nov 13, 2025SCHEDULE 13G/A EDGAR
- Aug 26, 202515-12G EDGAR
- Aug 15, 202525-NSE EDGAR
- Aug 14, 20254 PRIMARY DOCUMENT EDGAR
- Aug 14, 2025S-8 POS EDGAR
- Aug 14, 2025S-8 POS EDGAR
- Aug 14, 20258-K EDGAR
- Aug 14, 20254 PRIMARY DOCUMENT EDGAR
- Aug 14, 20254 PRIMARY DOCUMENT EDGAR
- Aug 14, 20254 PRIMARY DOCUMENT EDGAR
- Aug 14, 20254 PRIMARY DOCUMENT EDGAR
- Aug 14, 20254 PRIMARY DOCUMENT EDGAR
- Aug 13, 2025SCHEDULE 13G/A EDGAR
- Aug 7, 20254/A PRIMARY DOCUMENT EDGAR
- Aug 7, 20254 PRIMARY DOCUMENT EDGAR
- Aug 5, 20258-K EDGAR
- Jul 30, 2025425 EDGAR
- Jul 29, 20258-K EDGAR
- Jul 25, 2025425 EDGAR
- Jul 25, 20258-K EDGAR
The 108 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last three years, summarized. The full record is on SEC EDGAR.
Insider trades and holders
Large holders
Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 7 such filings since October 2021:
- Nov 13, 2025SCHEDULE 13G/A
- Aug 13, 2025SCHEDULE 13G/A
- May 14, 2025SCHEDULE 13G/A
- Feb 21, 2025SCHEDULE 13G
- Jan 10, 2025SCHEDULE 13D/A
- Nov 13, 2023SC 13D/A
- Jul 24, 2023SC 13D/A
From Forms 4 and Schedules 13D and 13G filed with the SEC.
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 17SEC EDGARRobert M. Thornton Jr., President
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- 26SEC EDGARMark J. Stockslager, Board member
- 27SEC EDGARC. Michael Ford, Board member
- 28SEC EDGARGene E. Burleson, Board member
- 29SEC EDGARHoward E. Turner, Board member
- 30SEC EDGARKaren B. Brenner, Board member
- 31SEC EDGARMichael William Hall, Board member
- 32SEC EDGARSteven J. Baileys, Board member