Mr. Mitchell Geisler reports

LEVELJUMP RECORD REVENUES; Q1 REVENUE INCREASE OF 39%

Leveljump Healthcare Corp. has released financial results for the first fiscal quarter ended March 31, 2023.

Financial and operational highlights:

• Revenues from Canadian Teleradiology Services Inc. (CTS) operations hits record level with $2,755,833 in revenues for the first quarter.
• Gross profit from CTS operations was $753,553 for the quarter, a 27-per-cent margin (2-per-cent increase from margins in Q1 2022).
• CTS year-over-year Q1 revenue increased $775,973, an increase of 39 per cent.

2023 Q1 financial results for Leveljump:

• Consolidated EBITDA (earnings before interest, taxes, depreciation and amortization) of negative $84,518 and adjusted EBITDA of $15,482.

Management comments

"We had another record quarter of revenue and are now tracking over $10-million annually in revenues, not including our share of Real Time Medical," said Mitch Geisler, chief executive officer. "CTS continues to grow each quarter as the demand for our teleradiology services increases. Additionally, we are showing growth with strong potential at our IHFs [independent health care facilities]. The company continues to focus on broadening its telehealth solutions, increasing its radiology services for critical care and show growth organically and through strategic acquisitions. As our Yonge Sheppard location comes on line, we expect revenues to grow and the company's EBITDA to consistently be positive."

A reconciliation of adjusted EBITDA to net income (loss) is as shown in the attached table.

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 IHFs (independent health care facilities). Leveljump focuses primarily on critical care for urgent and emergency patients, establishing integral relationships in the communities the company serves.

We seek Safe Harbor.