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Progressive Care Inc (RXMD)

Progressive Care Inc (RXMD)
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Progressive Care, Inc. through its subsidiaries, is a South Florida health services organization and provider of administration and practice management, utilization management, quality assurance, EHR Implementation, billing and coding, health practice risk management, prescription pharmaceuticals, compounded medications, the sale of anti-retroviral medications, medication therapy management (MTM), and the supply of prescription medications to long term care facilities. The Company operates a retail pharmacy that specializes in the sale and rental of durable medical equipment (DME), such as hospital beds, oxygen supplies, power wheelchairs, scooters, walkers, and other related equipment and accessories. It also provides long term care solutions to skilled nursing facilities, assisted living facilities, retirement centres and communities, Doctors offices, and clinics. The Company offers EnovaRx, which is FDA approved manufactured pain creams that are readily available with a prescription.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Jun, 2024 Mar, 2024 Dec, 2023 Sep, 2023 Jun, 2023
Sales 13,480 14,630 14,420 12,360 11,560
Sales Growth -7.86% +1.46% +16.67% +6.92% +1.49%
Net Income -9,280 -370 -13,270 -1,370 -4,640
Net Income Growth -2,408.11% +97.21% -868.61% +70.47% -3,469.26%
(Values in U.S. Thousands) Jun, 2024 Mar, 2024 Dec, 2023 Sep, 2023 Jun, 2023
Total Assets 28,830 41,400 40,380 41,270 20,340
Total Assets Growth -30.36% +2.53% -2.16% +102.90% +2.62%
Total Liabilities 11,850 15,140 13,820 14,050 9,960
Total Liabilities Growth -21.73% +9.55% -1.64% +41.06% -18.89%
(Values in U.S. Thousands) Jun, 2024 Mar, 2024 Dec, 2023 Sep, 2023 Jun, 2023
Operating Cash Flow 810 -2,280 870 -110 150
Operating Cash Flow Growth +135.53% -362.07% +890.92% -173.33% -81.93%
Net Cash Flow 640 -2,350 1,150 270 610
Change in Net Cash Flow +127.23% -304.35% +325.92% -55.74% -14.08%
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