AMS

Earnings Growth and Strategic Initiatives: American Shared Hospital Services reported a 17% revenue growth in Q1 2025, driven by the expansion of direct patient services and international business development, despite a decline in treatment volumes. The company is optimistic about long-term profitability as it transitions to a more patient-centric service model.

Future Expansion Plans: The company is focused on expanding its operations with new radiation therapy centers in Rhode Island and Mexico, along with plans for additional acquisitions. They anticipate increased treatment volumes and improved financial performance as they enhance their service offerings and strengthen partnerships within the healthcare community.

Annual Meeting Announcement: American Shared Hospital Services will hold its Annual Meeting of Shareholders on June 26, 2025, at 9:00 a.m. CT in Downers Grove, IL, with April 28, 2025, set as the record date for voting eligibility.

Company Overview: AMS is a prominent provider of cancer treatment solutions in North and South America, collaborating with health systems to enhance cancer care services while sharing investment costs and profits.

Financial Performance Overview: American Shared Hospital Services (AMS) reported a 32.9% increase in total revenue for FY 2024, reaching $28.34 million, with significant growth in direct patient services revenue by 253%, while facing challenges in equipment leasing and Gamma Knife revenue.

Strategic Expansion and Challenges: The company expanded its footprint in Rhode Island and Mexico, enhancing cancer care through partnerships, but encountered operational challenges leading to a net loss of $1.3 million in Q4 2024 due to impaired assets and contract expirations.