sunlink health systems, inc., through its subsidiaries, provides healthcare products and services in the southeastern united states. it operates through two segments, healthcare services and pharmacy. the healthcare services segment owns and operates an 84-bed community hospital, which includes an 18-bed geriatric psychiatry unit and a 66-bed nursing home in mississippi; as well as offers information technology services. this segment also owns unimproved lands. the pharmacy segment offers institutional and non-institutional pharmacy services; and durable medical equipment products and services, which consist of the sale and rental of products for institutional clients or to patients in institutional settings and patient-administered home care, as well as retail pharmacy products and services. sunlink health systems, inc. was founded in 1959 and is based in atlanta, georgia.
Company profile
Ticker
SSY
Exchange
Website
CEO
Robert M. Thornton
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
KRUG INTERNATIONAL CORP
SEC CIK
Corporate docs
Subsidiaries
SunLink Health Systems Technology, Inc. • SunLink ScriptsRx, LLC • Crown Healthcare Investments, LLC • New Seasons Assisted Living, LLC • HealthMont LLC • Dexter Hospital LLC • Southern Health Corporation • HealthMont of Georgia Inc. • HealthMont of Missouri, LLC • Carmichael’s Cashway Pharmacy, Inc. ...
IRS number
310621189
SSY stock data
Latest filings (excl ownership)
8-A12G
Registration of securities
10 Aug 23
PRE 14A
Preliminary proxy
10 Aug 23
8-K
Sunlink Health Systems, Inc. Announces Dividend of Fractional
8 Aug 23
8-K
Sunlink Health Systems, Inc. Announces the Election of
24 Jul 23
10-Q
2023 Q3
Quarterly report
10 May 23
8-K
Sunlink Health Systems, Inc. Announces Fiscal 2023
15 Feb 23
10-Q
2022 Q2
Quarterly report
14 Feb 23
8-K
Submission of Matters to a Vote of Security Holders
15 Nov 22
10-Q
2022 Q1
Quarterly report
14 Nov 22
DEF 14A
Definitive proxy
29 Sep 22
Latest ownership filings
4
GENE E BURLESON
16 Aug 23
4
HOWARD E TURNER
16 Aug 23
4
ROBERT M THORNTON JR
16 Aug 23
4
MARK J STOCKSLAGER
16 Aug 23
4
C MICHAEL FORD
16 Aug 23
4
STEVEN J BAILEYS
16 Aug 23
SC 13D/A
THORNTON ROBERT M JR
24 Jul 23
4/A
GENE E BURLESON
27 Sep 22
4
C MICHAEL FORD
6 Sep 22
4
STEVEN J BAILEYS
30 Aug 22
Financial summary
| Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Jun 22 | Jun 21 | Jun 20 | Jun 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
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| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 5.38 mm | 5.38 mm | 5.38 mm | 5.38 mm | 5.38 mm | 5.38 mm |
| Cash burn (monthly) | (no burn) | 146.83 k | 258.00 k | 212.25 k | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 863.92 k | 1.52 mm | 1.25 mm | n/a | n/a |
| Cash remaining | n/a | 4.52 mm | 3.86 mm | 4.13 mm | n/a | n/a |
| Runway (months of cash) | n/a | 30.8 | 15.0 | 19.5 | n/a | n/a |
Institutional ownership, Q2 2023
19.2% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 13 |
| Opened positions | 1 |
| Closed positions | 2 |
| Increased positions | 3 |
| Reduced positions | 2 |
| 13F shares | Current |
|---|---|
| Total value | 490.34 mm |
| Total shares | 1.35 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Renaissance Technologies | 270.88 k | $246.00 k |
| AULT Ault Alliance | 252.00 k | $0.00 |
| Acadian Asset Management | 250.12 k | $226.00 k |
| Bridgeway Capital Management | 232.80 k | $211.85 mm |
| Vanguard | 86.16 k | $78.40 mm |
| Susquehanna International | 67.37 k | $61.31 mm |
| Granite Investment Partners | 60.15 k | $54.73 mm |
| STT State Street | 42.64 k | $38.80 mm |
| Wittenberg Investment Management | 39.18 k | $36.00 k |
| Geode Capital Management | 32.18 k | $29.28 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 16 Aug 23 | Baileys Steven J | Series C Fractional Interests | Grant | Acquire A | Yes | No | 0 | 1,600 | 0.00 | 1,600 |
| 16 Aug 23 | Baileys Steven J | Series C Fractional Interests | Grant | Acquire A | Yes | No | 0 | 180,000 | 0.00 | 180,000 |
| 16 Aug 23 | Baileys Steven J | Series C Fractional Interests | Grant | Acquire A | Yes | No | 0 | 50,000 | 0.00 | 50,000 |
| 16 Aug 23 | Baileys Steven J | Series C Fractional Interests | Grant | Acquire A | Yes | No | 0 | 50,000 | 0.00 | 50,000 |
| 16 Aug 23 | Baileys Steven J | Series C Fractional Interests | Grant | Acquire A | No | No | 0 | 551,244 | 0.00 | 551,244 |
| 16 Aug 23 | C Michael Ford | Series C Fractional Interests | Grant | Acquire A | No | No | 0 | 46,422 | 0.00 | 46,422 |
| 16 Aug 23 | Mark J Stockslager | Series C Fractional Interests | Grant | Acquire A | No | No | 0 | 108,051 | 0.00 | 108,051 |
| 16 Aug 23 | Thornton Robert M JR | Series C Fractional Interests | Grant | Acquire A | Yes | No | 0 | 5,000 | 0.00 | 5,000 |
| 16 Aug 23 | Thornton Robert M JR | Series C Fractional Interests | Grant | Acquire A | Yes | No | 0 | 554,562 | 0.00 | 554,562 |
| 16 Aug 23 | Turner Howard E | Series C Fractional Interests | Grant | Acquire A | Yes | No | 0 | 28,219 | 0.00 | 28,219 |