Overview
$240.0K Revenue, fiscal 20212 -$806.3K Net income, fiscal 20212
Industry Pharmaceutical Preparations1 Headquarters Hoffman Estates, Illinois1 Incorporated in NV3 Business address 2500 West Higgins Road, Ste. 780, Hoffman Estates, Il 601693 Filer category Non-accelerated filer, Smaller reporting company3
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Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2021 4699.2% Revenue growth, 20212 Where the money goes Where each dollar of revenue went, fiscal 2021 Cost of revenue Interest
Cost of revenue 63¢ $228.6K Interest 37¢ $134.4K Out of $240.0K in revenue.2 The company lost money this year.
Financial statements
Income statement Balance sheet Cash flow
Annual Quarterly
Revenue4 5 6 7 2 $240.0K in 2021−45% since 2015 0 $200.0K $400.0K $600.0K 2015: $433.1K $433.1K 2015 2016: $299.6K $299.6K 2016 −31% 2017: $272.7K $272.7K 2017 −9% 2018: $213.7K $213.7K 2018 −22% 2019: $33.4K $33.4K 2019 −84% 2020: $5.0K $5.0K 2020 −85% 2021: $240.0K $240.0K 2021 +4699% Gross profit8 5 9 6 7 2 $11.4K in 2021−93% since 2015 0 $50.0K $100.0K $150.0K $200.0K 2015: $161.3K $161.3K 2015 2016: $110.0K $110.0K 2016 −32% 2017: $125.8K $125.8K 2017 +14% 2018: $133.8K $133.8K 2018 +6% 2019: $13.3K $13.3K 2019 −90% 2020: $5.0K $5.0K 2020 −63% 2021: $11.4K $11.4K 2021 +128% Operating income8 5 9 6 7 2 -$1.2M in 2021−82% since 2015 -$8.0M -$6.0M -$4.0M -$2.0M 0 2015: -$7.0M -$7.0M 2015 2016: -$2.2M -$2.2M 2016 −69% 2017: -$2.0M -$2.0M 2017 −7% 2018: -$2.1M -$2.1M 2018 +4% 2019: -$1.8M -$1.8M 2019 −16% 2020: -$1.9M -$1.9M 2020 +9% 2021: -$1.2M -$1.2M 2021 −36% Net income8 5 9 6 7 2 -$806.3K in 2021−89% since 2015 -$8.0M -$6.0M -$4.0M -$2.0M 0 2015: -$7.0M -$7.0M 2015 2016: -$2.4M -$2.4M 2016 −67% 2017: -$1.6M -$1.6M 2017 −32% 2018: -$3.4M -$3.4M 2018 +114% 2019: -$2.4M -$2.4M 2019 −30% 2020: -$2.2M -$2.2M 2020 −7% 2021: -$806.3K -$806.3K 2021 −64%
Revenue10 11 12 $107.5K in Q3 FY2022−35% since Q1 FY2021 0 $50.0K $100.0K $150.0K $200.0K Q1 FY2021: $164.6K $164.6K Q1 FY2021 Q2 FY2022: $100.0K $100.0K Q2 FY2022 −39% Q3 FY2022: $107.5K $107.5K Q3 FY2022 +8% Gross profit10 11 12 $97.1K in Q3 FY2022−30% since Q1 FY2021 0 $50.0K $100.0K $150.0K Q1 FY2021: $138.6K $138.6K Q1 FY2021 Q2 FY2022: $89.6K $89.6K Q2 FY2022 −35% Q3 FY2022: $97.1K $97.1K Q3 FY2022 +8% Operating income10 11 12 -$333.1K in Q3 FY2022+123% since Q1 FY2021 -$400.0K -$300.0K -$200.0K -$100.0K 0 Q1 FY2021: -$149.2K -$149.2K Q1 FY2021 Q2 FY2022: -$221.1K -$221.1K Q2 FY2022 +48% Q3 FY2022: -$333.1K -$333.1K Q3 FY2022 +51% Net income10 11 12 -$622.1K in Q3 FY2022+371% since Q1 FY2021 -$800.0K -$600.0K -$400.0K -$200.0K 0 Q1 FY2021: -$132.2K -$132.2K Q1 FY2021 Q2 FY2022: -$177.9K -$177.9K Q2 FY2022 +35% Q3 FY2022: -$622.1K -$622.1K Q3 FY2022 +250%
Fiscal year 2015 2016 2017 2018 2019 2020 2021 Revenue $433.1K4 $299.6K5 $272.7K5 $213.7K6 $33.4K7 $5.0K2 $240.0K2 Cost of revenue $121.8K8 $189.6K5 $146.9K9 $80.0K6 $20.0K7 $228.6K2 Gross profit $161.3K8 $110.0K5 $125.8K9 $133.8K6 $13.3K7 $5.0K2 $11.4K2 Research and development $58.5K4 Selling, general and admin $2.2M8 $2.1M8 Operating income -$7.0M8 -$2.2M5 -$2.0M9 -$2.1M6 -$1.8M7 -$1.9M2 -$1.2M2 Interest $189.3K8 $05 $2.4K9 $27.4K6 $25.3K6 $67.9K2 $134.4K2 Income tax $04 Net income -$7.0M8 -$2.4M5 -$1.6M9 -$3.4M6 -$2.4M7 -$2.2M2 -$806.3K2
Total assets8 5 9 6 7 2 $82.1K in 2021−91% since 2015 0 $250.0K $500.0K $750.0K $1.0M 2015: $914.4K $914.4K 2015 2016: $230.3K $230.3K 2016 −75% 2017: $90.3K $90.3K 2017 −61% 2018: $25.1K $25.1K 2018 −72% 2019: $109.7K $109.7K 2019 +336% 2020: $153.3K $153.3K 2020 +40% 2021: $82.1K $82.1K 2021 −46% Total liabilities4 7 2 $3.4M in 2021+270% since 2015 0 $1.0M $2.0M $3.0M $4.0M 2015: $926.9K $926.9K 2015 2019: $1.2M $1.2M 2019 +29% 2020: $2.4M $2.4M 2020 +100% 2021: $3.4M $3.4M 2021 +44% Shareholders’ equity8 5 9 6 7 2 -$3.0M in 2021-$4.0M -$3.0M -$2.0M -$1.0M 0 $1.0M 2015: $62.6K $62.6K 2015 2016: -$559.6K -$559.6K 2016 2017: $26.9K $26.9K 2017 2018: -$423.5K -$423.5K 2018 2019: -$1.5M -$1.5M 2019 +249% 2020: -$2.4M -$2.4M 2020 +63% 2021: -$3.0M -$3.0M 2021 +25% Cash5 9 6 7 2 $32.1K in 2021+13% since 2015 0 $25.0K $50.0K $75.0K $100.0K 2015: $28.3K $28.3K 2015 2016: $81.7K $81.7K 2016 +189% 2017: $29.4K $29.4K 2017 −64% 2018: $4.2K $4.2K 2018 −86% 2019: $53.1K $53.1K 2019 +1162% 2020: $51.3K $51.3K 2020 −3% 2021: $32.1K $32.1K 2021 −37%
Total assets10 11 12 $141.8K in Q3 FY2022+247% since Q1 FY2021 0 $50.0K $100.0K $150.0K Q1 FY2021: $40.9K $40.9K Q1 FY2021 Q2 FY2022: $92.6K $92.6K Q2 FY2022 +126% Q3 FY2022: $141.8K $141.8K Q3 FY2022 +53% Total liabilities11 12 $4.1M in Q3 FY2022+9% since Q2 FY2022 0 $2.0M $4.0M $6.0M Q2 FY2022: $3.8M $3.8M Q2 FY2022 Q3 FY2022: $4.1M $4.1M Q3 FY2022 +9% Shareholders’ equity10 11 12 -$3.4M in Q3 FY2022+9% since Q1 FY2021 -$4.0M -$3.0M -$2.0M -$1.0M 0 Q1 FY2021: -$3.1M -$3.1M Q1 FY2021 Q2 FY2021: -$3.5M -$3.5M Q2 FY2021 +13% Q2 FY2022: -$3.2M -$3.2M Q2 FY2022 −8% Q3 FY2022: -$3.7M -$3.7M Q3 FY2022 +15% Q3 FY2022: -$3.4M -$3.4M Q3 FY2022 −9% Cash10 11 12 $42.0K in Q3 FY2022+163% since Q1 FY2021 0 $20.0K $40.0K $60.0K $80.0K Q1 FY2021: $16.0K $16.0K Q1 FY2021 Q2 FY2022: $64.5K $64.5K Q2 FY2022 +304% Q3 FY2022: $42.0K $42.0K Q3 FY2022 −35%
Fiscal year 2015 2016 2017 2018 2019 2020 2021 Cash $28.3K5 $81.7K9 $29.4K9 $4.2K6 $53.1K7 $51.3K2 $32.1K2 Current assets $310.6K8 $197.8K5 $68.5K9 $5.8K6 $108.1K7 $146.4K2 $82.1K2 Total assets $914.4K8 $230.3K5 $90.3K9 $25.1K6 $109.7K7 $153.3K2 $82.1K2 Current liabilities $926.9K8 $985.0K5 $380.8K9 $850.3K6 $1.2M7 $2.3M2 $3.4M2 Total liabilities $926.9K4 $1.2M7 $2.4M2 $3.4M2 Shareholders’ equity $62.6K8 -$559.6K5 $26.9K9 -$423.5K6 -$1.5M7 -$2.4M2 -$3.0M2 Shares outstanding 64.5M shares4 75.0M shares8 90.3M shares5 101.0M shares9 107.5M shares6 118.3M shares7 123.9M shares2
Cash from operations8 5 9 6 7 2 -$925.2K in 2021−15% since 2015 -$2.0M -$1.5M -$1.0M -$500.0K 0 2015: -$1.1M -$1.1M 2015 2016: -$1.1M -$1.1M 2016 −2% 2017: -$1.7M -$1.7M 2017 +65% 2018: -$1.0M -$1.0M 2018 −41% 2019: -$1.2M -$1.2M 2019 +18% 2020: -$1.0M -$1.0M 2020 −18% 2021: -$925.2K -$925.2K 2021 −8% Capital spending8 5 9 $1.9K in 20170 $1.0K $2.0K $3.0K 2015: $0 $0 2015 2016: $2.2K $2.2K 2016 2017: $1.9K $1.9K 2017 −13% Free cash flow8 5 9 -$1.7M in 2017+61% since 2015 -$2.0M -$1.5M -$1.0M -$500.0K 0 2015: -$1.1M -$1.1M 2015 2016: -$1.1M -$1.1M 2016 −2% 2017: -$1.7M -$1.7M 2017 +65%
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Fiscal year 2015 2016 2017 2018 2019 2020 2021 Cash from operations -$1.1M8 -$1.1M5 -$1.7M9 -$1.0M6 -$1.2M7 -$1.0M2 -$925.2K2 Capital spending $08 $2.2K5 $1.9K9 Free cash flow -$1.1M -$1.1M -$1.7M
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What it owns
What Wellness Center USA, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment Item Latest A year before Change Property and equipment, before depreciation $106.7K7 Sep 30, 2020 $106.7K7 Sep 30, 2019 0% Accumulated depreciation $106.7K7 Sep 30, 2020 $105.2K7 Sep 30, 2019 +1.5% Operating-lease assets (leased space) $7.0K2 Sep 30, 2020 $27.8K2 Feb 28, 2019 −75.0%
Investments Item Latest A year before Change Cash and cash equivalents $32.1K2 Sep 30, 2021 $51.3K2 Sep 30, 2020 −37.5%
Inventory Item Latest A year before Change Inventory, total $50.0K2 Sep 30, 2021 $94.6K2 Sep 30, 2020 −47.1%
Leadership
Who has led Wellness Center USA, Inc., and when. Pick a name to see everywhere that person has worked.
Board members and other officers (3)
Timeline
Oct 20, 2022 8-K Entered a material agreement15 Oct 8, 2021 8-K Entered a material agreement16 Mar 3, 2015 New chief executive Andrew J. Kandalepas becomes CEO13
Filings
12 filings to the SEC since October 2021: 1 annual reports, 3 quarterly reports, 2 major events, 6 other. The latest 12:
Mar 23, 2023 15-15D EDGAR Dec 29, 2022 NT 10-K EDGAR Oct 21, 2022 DEF 14C EDGAR Oct 20, 2022 8-K EDGAR Aug 15, 2022 10-Q EDGAR May 23, 2022 10-Q EDGAR May 16, 2022 NT 10-Q EDGAR Mar 31, 2022 10-Q EDGAR Feb 15, 2022 NT 10-Q EDGAR Feb 15, 2022 10-K EDGAR Dec 30, 2021 NT 10-K EDGAR Oct 8, 2021 8-K EDGAR
Every filing from the last five years, summarized . The full record is on SEC EDGAR.
SEC filer profile
How Wellness Center USA, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
Name on EDGAR Wellness Center USA, Inc.1 CIK 0001516887 Employer ID (EIN) 27-29803951 Filer status Non-accelerated filer<br>smaller reporting company1 Incorporated in Nevada1 Fiscal year ends September 301 Industry code (SIC) 2834 Pharmaceutical Preparations1 Business address 2500 West Higgins Road, Ste. 780, Hoffman Estates, IL 601691 Phone (847) 925-18851 Shares outstanding 135,999,577 as of Jun 30, 2022 12 Public float $3.8M as of Mar 31, 2021 2 On EDGAR since Mar 31, 20111 Filings 180 in all: 10-Q (33), 8-K (30), NT 10-Q (27), 10-K (11), 10-Q/A (11), NT 10-K (10), CORRESP (9), UPLOAD (8)1 All 22 form types 4 (7), D (6), 10-K/A (5), 8-K/A (4), S-1/A (4), 3 (3), DEF 14C (3), 4/A (2), SC 13D (2), 15-15D (1), D/A (1), EFFECT (1), NTN 10K (1), S-1 (1)
Latest filings Annual report (10-K) Feb 15, 2022 Quarterly report (10-Q) Aug 15, 2022 Latest 8-K (8-K) Oct 20, 2022