GRST

ETHEMA HEALTH Corp

N/A  •  FY2025 Annual Report
NYSE 207 employees H-1B Visa Sponsor Revenue +211.9% YoY
Revenue
$19M
Net Income
$-2M
EBIT Margin
-1.6%
Diluted EPS
N/A
Free Cash Flow
$-0M
CEO Pay
$1
J. Shawn E. Leon
N/A

of ETHEMA HEALTH Corp's revenue comes from United States

Companies claim they must hire overseas workers because that's where their business is. The data says otherwise: ETHEMA HEALTH Corp generates N/A of its $250B revenue from United States, yet continues to file H-1B petitions that displace American workers.

$1

J. Shawn E. Leon's total compensation in FY2025

Base salary $1  •  Stock awards $1. The CEO's pay package is funded by the same company that claims it cannot find qualified American workers for its open positions.

Financial Snapshot — FY2025
Total Revenue
$19M
+211.9% year-over-year
Net Income
$-2M
Operating Margin
-1.6%
Diluted EPS
N/A
Free Cash Flow
$-0M
Dividend / Share
N/A
Stock Buybacks
N/A
Total employees: 207
Where the Revenue Comes From — FY2025
United States
$250B
N/A

Revenue earned in the United States contradicts the claim that H-1B workers are needed because “that’s where the business is.” Source: SEC EDGAR 10-K, FY2025.

What We Pay the Executives Source: SEC DEF 14A via sec-api.io
CEO Total Compensation
$1
J. Shawn E. Leon
CEO Base Salary
$1
CEO Stock Awards
$1
Avg. Other NEO Total
$40,808
ExecutiveTitleBase SalaryStock AwardsTotal Comp
J. Shawn E. Leon🔍 President and Chief Executive Officer $1 $1 $1
Ken Lorimer🔍 former Chief Financial Officer $56,892 $1 $56,892
William L. Sklar🔍 Chief Financial Officer $3,879 $1 $24,723

SCT = Summary Compensation Table totals from SEC EDGAR DEF 14A proxy statement.

H-1B Visa Dependency Key Metric

Search all ETHEMA HEALTH Corp H-1B Labor Condition Applications filed with the U.S. Dept. of Labor.

🔍 Search H-1B Records for ETHEMA HEALTH Corp

Source: U.S. Dept. of Labor OFLC disclosure data. LCA filing does not guarantee a visa was issued.

Shareholder Value Assessment
PositiveRevenue grew 211.9% year-over-year - strong growth.
ConcernCompany is operating at a net loss.
WatchCompany employed approximately 207 workers globally - see H-1B data below for U.S. displacement risk.
Key Business Risks (from 10-K Item 1A)

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