GBCS Global Healthcare Reit Dashboard

Global Healthcare REIT Inc. (“Global” or “we” or the “Company”) was organized for the purpose of investing in real estate related to the long-term care industry. Prior to the Company changing its name to Global Healthcare REIT Inc. on September 30, 2013, the Company was known as Global Casinos Inc. Global Casinos Inc. operated two gaming casinos which were split-off and sold on September 30, 2013. Simultaneous with the split-off and sale of the gaming operations, the Company acquired West Paces Ferry Healthcare REIT Inc. (WPF). WPF was merged into the Company in 2019.

Company profile

Ticker

GBCS

Exchange

OTC

Website

www.gbcsreit.com

CEO

Lance Jason Baller

Incorporated

Location

Fiscal year end

Sector

Industry (SIC)

Real Estate Investment Trusts

Annaly Capital Management • Brookfield Property REIT • Simon Property • VEREIT • Erp Operating LTD Partnership • Equity Residential Properties Trust • Prologis • AGNC Investment • Boston Properties • Boston Properties LTD Partnership ...

Former names

GLOBAL CASINOS INC

SEC CIK

0000727346

Corporate docs

Articles of Incorporation & Bylaws

IRS number

870340206

GBCS stock data

S&P 500

1M 1Y 2Y 5Y

Press releases

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Selectis Health Reports Fourth Quarter and Year-End 2020 Financial Results

31 Mar 21

Greenwood Village, Colorado, March 31, 2021 (GLOBE NEWSWIRE) -- March 31, 2021 – Global Healthcare REIT, Inc. (Currently in a rebranding effort to Selectis Health, Inc.) (OTC:GBCS) ("Selectis" or the

Selectis Health Announces the Reopening of Renovated Oklahoma City Facility and 2020 Financial Results Conference Call

30 Mar 21

Greenwood Village, Colorado, March 30, 2021 (GLOBE NEWSWIRE) -- Global Healthcare REIT, Inc. (Currently in a rebranding effort to Selectis Health, Inc.) (OTC:GBCS) ("Selectis" or the "Company") is

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

31 Mar 21

21 Apr 21

31 Dec 21

Financial summary

Financial statements Chart GBCS financial data

Quarter (USD)	Dec 20	Sep 20	Jun 20	Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	3.98M	3.98M	3.98M	3.98M	3.98M	3.98M
Cash burn (monthly)	259.05K	(positive/no burn)	(positive/no burn)	(positive/no burn)	57.69K	(positive/no burn)
Cash used (since last report)	958.96K	n/a	n/a	n/a	213.56K	n/a
Cash remaining	3.02M	n/a	n/a	n/a	3.76M	n/a
Runway (months of cash)	11.7	n/a	n/a	n/a	65.3	n/a

Beta Read what these cash burn values mean

Recent insider trades

GBCS insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
16 Dec 19	Neuman Clifford L Esq	Common Stock	Gift	Dispose G	No	No	0	90,000	0	862,974

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Financial report summary

Management Discussion

Rental revenue for the year ended December 31, 2020 totaled $2,112,459, compared to $3,267,644 for the year ended December 31, 2019, a decrease of $1,155,185. The Company also had Healthcare revenue of $18,816,239 for the year end December 31, 2020, an increase of $15,153,895, compared to $3,662,344 for the year ended December 31, 2019. Factors that contributed to the decrease in rental revenue included the appointment of a receivership at Eastman as well as the closure of Edwards Redeemer. Also, the Southern Tulsa facility is operated directly by the Company as of December 1, 2019, increasing healthcare revenues but decreasing rental revenues. The acquisitions of the Higher Call Nursing Center on March 2, 2020 along with the Company assuming direct operation of the Eastman facility as of July 1, 2020 also increased healthcare revenues. The acquisition of the Fairland Family Care Center on December 31, 2020 did not contribute to revenues in 2020. Looking forward, we anticipate growing the rental revenue at the Southern Hills ILF facility in 2021 and beyond, but the shift toward healthcare revenue will continue as we operate more facilities directly.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

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From filing 10-K 2020 FY