Pethealth reports Q3 results (November 21, 2005)

Pethealth Inc. (TSX VENTURE:PTZ) recently announced a total revenue for the third-quarter ended September 30, 2005 of $3.8 million, representing a 26% increase over revenue of $3.0 million for same period last year.The Company also reported significantly greater net loss of $190,120 for the Q3 2005 as compared to the net loss of $50,419 for the same quarter last year.The Q3, 2005 EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) increased to $980,596 a 43% increase from the reported EBITDA of $688,077 for the same period last year.The Company’s gross written premiums for its pet insurance operations were $7.93 million, an increase of 17% over the same period in the prior year.