Business

WELL Health Reports Record Revenue, Record Adjusted EBITDA, and Record Adjusted Net Income in Q3-2025 Driven by Strong Performance in Core Canadian Businesses

WELL achieved record quarterly revenues of $364.6 million in Q3-2025, an increase of 56% compared...

articleWell Health Technologies Corp.November 6, 20254/company/well-health-technologies-corp/news/well-health-reports-record-revenue-record-adjusted-ebitda-and-record-adjusted-net-income-in-q3-2025-driven-by-strong-performance-in-core-canadian-businesses
WELL Health Reports Record Revenue, Record Adjusted EBITDA, and Record Adjusted Net Income in Q3-2025 Driven by Strong Performance in Core Canadian Businesses

About this update from Well Health Technologies Corp.

[{"type":"text","content":"WELL Health Reports Record Revenue, Record Adjusted EBITDA, and Record Adjusted Net Income in Q3-2025 Driven by Strong Performance in Core Canadian Businesses\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwlistdecimal { list-style-type: decimal }\n.bwlistdisc { list-style-type: disc }\n.bwpadb3 { padding-bottom: 4px }\n.bwpadl0 { padding-left: 0px }\n.bwpadl1 { padding-left: 5px }\n.bwpadl4 { padding-left: 20px }\n.bwpadr0 { padding-right: 0px }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignt { vertical-align: top }\n.bwwidth1 { width: 1% }\n.bwwidth100 { width: 100% }\n.bwwidth11 { width: 11% }\n.bwwidth2 { width: 2% }\n.bwwidth42 { width: 42% }\n \n\n\n\n\n WELL achieved record quarterly revenues of $364.6 million in Q3-2025, an increase of 56% compared to Q3-2024 driven by organic growth and acquisitions. Excluding the impact of Circle Medical’s deferred revenue adjustments or “CM Deferrals”\n \n (1)\n \n , revenue would have been $347.0 million in Q3-2025, representing 48% YoY growth.\n \n\n WELL achieved record Adjusted EBITDA\n \n (1)\n \n of $59.9 million in Q3-2025, an increase of 296% compared to $15.1 million in Q3-2024, representing Adjusted EBITDA\n \n (1)\n \n margin of 16.4%. Excluding the impact from CM Deferrals, Adjusted EBITDA\n \n (1)\n \n would have been $42.3 million in Q3-2025, representing 180% YoY growth.\n \n\n Canadian Patient Services revenue and Adjusted EBITDA\n \n (1)\n \n was $110.1 million and $14.1 million respectively in Q3-2025, an increase of 41% and 47%, driven by acquisitions and organic growth of 16% for the Canadian Patient Services business.\n \n\n WELL’s majority owned subsidiary, WELLSTAR Technologies Corp. announced a financing for $62 million at a 50% increase in share price relative to its prior December 2024 financing, reflecting approximately $535 million post-money fully-diluted transaction valuation for WELLSTAR, with some of Canada’s most prominent fund investors providing the company with sufficient capital to continue to invest in organic growth ...

More updates from Well Health Technologies Corp.