Agoracom Blog

VIDEO – Empower Clinics Q3-21 Revenue Up 372% YOY, Further Clinic Expansion Under Way

Posted by AGORACOM-JC at 4:37 PM on Monday, November 29th, 2021

Nine-month year-over-year revenue growth of 1,349% 

Empower Clinics continues to fire on all cylinders. This is evident by the strong Q3 results that the company released last week. 

Steven McAuley, Chairman and CEO of Empower commented: 

“This quarter marked the start of a new chapter for the Company and the Empower team. We launched The Medi-Collective brand and clinics, expanded Kai Labs’ facilities and completed the acquisition of MediSure. Each of these milestones is an intrinsic aspect of our strategic growth vision. 

Key Q3-2021 Highlights

  • Revenue from continuing operations of $405,707 compared to $85,960 in Q3 2020, representing 372% year-over-year growth.
  • Revenue from continuing operations of $3,226,335 for nine months YTD 2021 compared to $222,690 for nine months YTD 2020, representing 1,349% year over year growth.

What does CEO Steven McAuley think of these results?

“With positive year-over-year growth coming out of this quarter, we will maximize our fully operational divisions’ capabilities and reach across Canada and the U.S. I’m encouraged by our partnerships and acquisitions progress into Q4 2021 and look forward to the coming months.”

Sit back, relax and watch this powerful interview.

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