Nova Leap Health Corp. Reports Strong Q1 2025 Results: What It Means for Investors

**NOVA LEAP HEALTH CORP.** has just shared its financial results for the first quarter of 2025. Based in Halifax, Nova Scotia, this growing home health care company reported interesting trends in its earnings. All financial figures are in U.S. dollars.

**Key Financial Highlights for Q1 2025:**

• Revenues of **$7,093,624**, showing a **7.7%** increase from Q4 2024 and a **10.3%** jump compared to Q1 2024.
• Adjusted EBITDA stood at **$289,060**, declining by **30%** from Q4 2024 and **20.1%** from Q1 2024.
• Gross profit margin was steady at **39%**, matching the previous quarter’s 39.1% and up from 38% a year ago.
• Operating income decreased to **$75,152**, down significantly from previous results.
• The company reported a net loss of **$78,299**, contrasting sharply with net income in previous quarters.

**Recent Acquisitions:**

This year, Nova Leap acquired several home care businesses in Nova Scotia. In January, two businesses were added for CAD $1,380,000. Just last week, they purchased another for CAD $390,000, aimed at further strengthening their operations in this fast-growing region.

As of March 31, 2025, Nova Leap had about **$1,333,115** in cash and access to over **$4.6 million** in credit, positioning itself well for future growth.

**CEO Insights:**

Chris Dobbin, President and CEO of Nova Leap, emphasized the focus on integrating new acquisitions and expanding into new markets. He is optimistic about surpassing the previous quarterly revenue record in the upcoming months. “Although Q1 was slower than we hoped, Q2 looks promising,” he said.

**Market Context:**

The home health care industry is booming. According to a recent report by the *Home Care Association of America*, the sector is projected to grow **7.9% annually** through 2026. This growth is driven by an aging population and increasing demand for at-home health services, particularly among those needing specialized care.

Nova Leap’s proactive approach, including investments in existing operations and new office expansion in Kentucky, aligns well with these market trends. They aim to enhance service delivery, positioning the company to capitalize on the industry’s growth potential.

For more detailed insights on financial metrics, including Adjusted EBITDA, please refer to their comprehensive report available on [SEDAR+](http://www.sedarplus.com).

**About Nova Leap Health Corp.:**

NOVA LEAP is a leader in home health care services across the U.S. and Canada. They focus on providing personalized care, especially for individuals with dementia. The company has made notable rankings in Canada’s top growing companies and continues to strengthen its footprint in this essential sector.

For further information, please view their official financial statements.

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TSX Venture Exchange:NLH, Nova Leap Health Corp., NLH home health, Q1, home care