Nova Leap Reports ‘Slower Start’ To 2025 But Charts Positive Trend

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Nova Leap Health Corp. is optimistic about the progress in 2025, driven by its focus on mergers and acquisitions and the establishment of a solid growth base.

The company recently launched its results from the first quarter, with income from the first quarter that exceed $ 7 million, a 10.3% increase on the revenues of the first quarter of 2024. In addition, the adjusted Ebitda Q1 reached $ 412,947, which reflects a 20% increase compared to the same quarter of last year.

“Q1 had a slower start now what we would have liked,” said President and CEO Chris Dobbin in a statement. “However, we are seeing a positive trend as we advance in Q2. We anticipate that Nova Leap will establish a quarterly income record in the second quarter, Sismat, the anterior quarterly record established in the first quarter of 2022”.

In 2022, the company reported its largest income in its history, achieving an increase of 45.4% of $ 7.3 million compared to Q1 2021.

Nova Leap, based in Halifax, New Scotland, specializes in home care for individuals and families, with emphasis on supporting those with dementia. The company operates in 10 states in the United States and New Scotland, Canada.

Until now in 2025, Nova Leap has made two significant acquisitions in Nueva Scotia. On January 20, he acquired two affiliated home care businesses for just under $ 1 million. This acquisition included working capital adjustments and was fined through a non -reading demand loan. On May 5, Nova Leap acquired another home care business for approximately $ 280,000, which was full for use available.

According to Dobin, these acquisitions are part of the Nova Leap strategic growth plan, which focuses on geographical expansion and the improvement of its presence in the home care market.

“Duration Q1, we focus on integrating the recent expansions of Florida and Nueva Scotia, as well as new expansion opportunities,” said Dobbin. “Earlier this week, we announce another acquisition in Nueva Scotia, which follows that made in January. As a result of these recent acquisitions, New Scotland represents the fastest growing segment of our business.”

Dobbin mentioned that the company has made important investments in its operations in the United States and Canada. This month, he officially opened a new office in Kentucky as part of its organic expansion.

“While we anticipate the record revenues record in the short term, we hope that Ebitda adjusted is a little delayed, given all the investments we have made,” he said. “However, we anticipate that these investments will pay off significantly in the long term.”

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