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The 1,394-square foot location in Campbell River will become the Toronto-based company’s sixth corporate-owned clinic For fiscal 2021 ended January 31, 2021, the company logged an increase in revenue of C$3.8 million, compared to C$3.6 million during fiscal 2020 Jack Nathan Medical Corp (Jack Nathan Health) (CVE:JNH) (OTCQB:JNHMF) is adding to its portfolio of medical clinics with a new location in a British Columbia-based Walmart Supercentre. The 1,394-square foot location in Campbell River will become the Toronto-based company’s sixth corporate-owned clinic. Jack Nathan said it expects that high-margin service offerings at the clinic will lead to a “significant increase” in revenue potential. ....
Jack Nathan Medical moves to Tier 1 status on TSX Venture Exchange Tier 1 is the premier tier of the exchange and is reserved for the most advanced issuers with the most significant financial resources The move to Tier 1 will be effective at market open on May 19 Jack Nathan Medical Corp (CVE:JNH) (OTCQB:JNHMF) said it has met the requirements and effective at market open on May 19 it will move to Tier 1 status from Tier 2 on the TSX Venture Exchange (TSXV). The TSXV classifies issuers into different tiers based on certain standards including historical financial performance, stage of development and financial resources, with Tier 1 being the premier tier and reserved for the TSXV s most advanced issuers with the most significant financial resources. ....
"Each of these medical centres also has the ability to expand out and add additional services, further driving future growth,” said George Barakat,. ....