Mr. Mitchell Geisler reports

LEVELJUMP ANNOUNCES 2025 FIRST QUARTER RESULTS; ANTICIPATES REVOCATION OF CEASE TRADE ORDER

Leveljump Healthcare Corp. has released its financial results for the three months ended March 31, 2025.

Financial and operational highlights

• Revenues were $4.58-million in the first quarter of 2025 compared with $4.06-million in the same period of 2024, a year-over-year revenue increase of 12.8 per cent.
• Canadian Teleradiology Services Inc., the company's 100-per-cent-owned subsidiary, had EBITDA (earnings before interest, taxes, depreciation and amortization) for the first quarter of 2025 of $1.03-million.

2025 first quarter financial results

• Revenues of $4.58-million in Q1 2025 with a net profit of $200,566; EBITDA of $898,017 for Q1 2025.

Subsequent events

Subsequent to the end of the quarter, the company entered into an agreement to acquire two additional diagnostic imaging outpatient clinics located in Calgary, Alta. The transaction is expected to close toward the end of July, 2025. See the company's news release dated June 13, 2025.

Management comments

Mitch Geisler, chief executive officer, commented: "We are very pleased with our strong Q1 results and year-over-year growth. Our focus will remain on driving revenue and enhancing profitability."

Company anticipates revocation of CTO

With the filing of its three month interim financial statements and related MD&A (management's discussion and analysis), the company is now current with its continuous disclosure obligations. As a result, it is anticipated that the outstanding cease trade order issued by the Ontario Securities Commission will be revoked in the very near future at which time the company's common shares will be eligible for reinstatement of trading on the TSX Venture Exchange. The company has already made certain prefiling submissions with the exchange to ensure that trading resumes as soon as possible.

About Leveljump Healthcare Corp.

Leveljump Healthcare provides telehealth solutions to client hospitals and imaging centres through its teleradiology division, as well as in person radiology services through its diagnostic centres. Leveljump focuses primarily on critical care for urgent and emergency patients, establishing integral relationships in the communities the company serves.

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