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Private company

SUNLINK HEALTH SYSTEMS INC

SUNLINK HEALTH SYSTEMS INC is an American general medical and surgical hospitals services company.1 It is headquartered in Atlanta, Georgia.1

Last updated Oct 21, 2026.

Overview

$32.4MRevenue, fiscal 20242
-$1.5MNet income, fiscal 20242
  • IndustryServices-General Medical & Surgical Hospitals, NEC1
  • HeadquartersAtlanta, Georgia1
  • Incorporated inOH3
  • Business address900 Circle 75 Parkway, Suite 690, Atlanta, Ga 303393
  • Filer categoryNon-accelerated filer, Smaller reporting company3

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SunLink Health Systems, Inc., through subsidiaries, owns businesses which provide healthcare products and services in certain markets in the southeastern United States. Unless the context indicates otherwise, all references to “SunLink,” “we,” “our,” “ours,” “us” and the “Company” refer to SunLink Health Systems, Inc. and our consolidated subsidiaries. References to our specific operations refer to operations conducted through our subsidiaries and references to “we,” “our,” “ours,” and “us” in such context refer to the operations of our subsidiaries. Our business is composed of two businesses, our pharmacy subsidiary which owns and operates a pharmacy business in Louisiana with four operational areas and our information technology ("IT") subsidiary based in Georgia which provides IT services to smaller healthcare provider.5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

-7.4%Operating margin2
-4.7%Net margin2
-5.4%Revenue growth, 20242
-9.6%Return on equity2
-$4.4MFree cash flow2

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Cost of revenue56¢$18.3M
  • Other costs44¢$14.2M
  • Income tax0¢$5.0K

Out of $32.4M in revenue.2 The company lost money this year.

Financial statements

Revenue678910112$32.4M in 2024−39% since 2017
0$20.0M$40.0M$60.0M2017: $52.9M$52.9M20172018: $45.2M$45.2M2018−14%2019: $45.6M$45.6M2019+1%2020: $47.8M$47.8M2020+5%2021: $40.7M$40.7M2021−15%2022: $41.3M$41.3M2022+2%2023: $34.3M$34.3M2023−17%2024: $32.4M$32.4M2024−5%
Operating income1278910112-$2.4M in 2024−47% since 2017
-$6.0M-$4.0M-$2.0M0$2.0M2017: -$4.5M-$4.5M20172018: -$1.1M-$1.1M2018−75%2019: -$2.3M-$2.3M2019+108%2020: -$329.0K-$329.0K2020−86%2021: $1.9M$1.9M20212022: -$5.3M-$5.3M20222023: $74.0K$74.0K20232024: -$2.4M-$2.4M2024
Net income1278910112-$1.5M in 2024
-$2.5M0$2.5M$5.0M$7.5M2017: $2.7M$2.7M20172018: -$1.6M-$1.6M20182019: -$1.8M-$1.8M2019+10%2020: -$1.1M-$1.1M2020−35%2021: $6.9M$6.9M20212022: -$2.0M-$2.0M20222023: -$1.8M-$1.8M2023−11%2024: -$1.5M-$1.5M2024−15%
Fiscal year20172018201920202021202220232024
Revenue$52.9M6$45.2M7$45.6M8$47.8M9$40.7M10$41.3M11$34.3M2$32.4M2
Cost of revenue$19.9M6$18.5M7$18.6M2$18.3M2
Operating income-$4.5M12-$1.1M7-$2.3M8-$329.0K9$1.9M10-$5.3M11$74.0K2-$2.4M2
Interest$635.0K12$359.0K7$241.0K7
Income before tax-$1.6M11$191.0K2-$2.3M2
Income tax-$512.0K12-$345.0K7-$82.0K8$296.0K9$63.0K10$107.0K11-$7.0K2-$5.0K2
Net income$2.7M12-$1.6M7-$1.8M8-$1.1M9$6.9M10-$2.0M11-$1.8M2-$1.5M2
Earnings per share$0.2912-$0.197-$0.258-$0.169$1.0010-$0.2911-$0.262-$0.222
Earnings per share (diluted)$0.2912-$0.197-$0.258-$0.169$0.9910-$0.2911-$0.262-$0.222
Shares (weighted, basic)6.9M shares117.0M shares27.0M shares2
Shares (weighted, diluted)6.9M shares117.0M shares27.0M shares2

Compare SUNLINK HEALTH SYSTEMS INC with another company

Corporate structure

SUNLINK HEALTH SYSTEMS INC sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of SUNLINK HEALTH SYSTEMS INC

  • Radoff Bradley Louis Filed SCHEDULE 13G/A on SUNLINK HEALTH SYSTEMS INC, latest Nov 13, 2025 (4 filings since Feb 21, 2025)
  • Robert M. Thornton Jr. Filed SCHEDULE 13D/A on SUNLINK HEALTH SYSTEMS INC, latest Jan 10, 2025 (3 filings since Jul 24, 2023)
  • SUNLINK HEALTH SYSTEMS INC Atlanta, Georgia
    • HealthMont of Subsidiary · Missouri, United States

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What SUNLINK HEALTH SYSTEMS INC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Land$371.0K2 Jun 30, 2024$371.0K2 Jun 30, 20230%
Buildings and improvements$520.0K2 Jun 30, 2024$510.0K2 Jun 30, 2023+2.0%
Machinery and equipment$11.8M2 Jun 30, 2024$10.4M2 Jun 30, 2023+13.6%
Property and equipment, before depreciation$12.7M2 Jun 30, 2024$11.3M2 Jun 30, 2023+12.6%
Accumulated depreciation$9.9M2 Jun 30, 2024$8.5M2 Jun 30, 2023+15.6%
Property and equipment, net$2.8M2 Jun 30, 2024$2.7M2 Jun 30, 2023+3.4%
Finance-lease assets$203.0K11 Jun 30, 2023$203.0K11 Jun 30, 20220%
Operating-lease assets (leased space)$516.0K2 Jun 30, 2024$798.0K2 Jun 30, 2023−35.3%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$7.2M2 Jun 30, 2024$4.5M2 Jun 30, 2023+59.8%

Intangibles and goodwill

ItemLatestA year beforeChange
Intangible assets, net (excluding goodwill)$1.2M2 Jun 30, 2024$1.2M2 Jun 30, 20230%

Inventory

ItemLatestA year beforeChange
Inventory, total$1.6M2 Jun 30, 2024$1.6M2 Jun 30, 2023−4.6%

Leadership

Who has led SUNLINK HEALTH SYSTEMS INC, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Robert M. Thornton Jr.2006–2023
  2. Sheila G. Brockman2020

Chair

  1. Robert M. Thornton Jr.2006–2023

President

  1. Robert M. Thornton Jr.2007–2023

Chief financial officer

  1. Joseph T. Morris2006
  2. Mark J. Stockslager2007–2023

Chief operating officer

  1. Harry R. Alvis2006–2010
  2. A. Ronald Turner2010–2011
2010201520202025
Board members and other officers (12)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • HealthMont of Missouri, LLC4

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • KRUG INTERNATIONAL CORPFeb 15, 1994 to Apr 16, 20013

Timeline

  1. Aug 14, 20258-K Completed an acquisition or sale; Listing notice or transfer; Change to shareholders' rights35
  2. Aug 5, 20258-K Shareholder vote; Other events36
  3. Jul 29, 20258-K Shareholder vote; Regulation FD disclosure; Other events37
  4. Jul 25, 20258-K Other events38
  5. Jul 24, 20258-K Other events39
  6. Jul 18, 20258-K Other events40
  7. Jul 8, 20258-K Listing notice or transfer41
  8. Jun 23, 20258-K Entered a material agreement42
  9. Apr 18, 20258-K Entered a material agreement43
  10. Apr 15, 20258-K Other events44
  11. Jan 10, 20258-K Entered a material agreement45
  12. Jan 6, 20258-K Other events46
  13. Sep 28, 2020New chief executive Sheila G. Brockman becomes CEO17
  14. Feb 27, 2006New chief executive Robert M. Thornton Jr. becomes CEO18

Filings

108 filings to the SEC since October 2021: 4 annual reports, 12 quarterly reports, 27 major events, 34 insider forms, 7 large holders, 24 other. The latest 20:

  1. Nov 13, 2025SCHEDULE 13G/A EDGAR
  2. Aug 26, 202515-12G EDGAR
  3. Aug 15, 202525-NSE EDGAR
  4. Aug 14, 20254 PRIMARY DOCUMENT EDGAR
  5. Aug 14, 2025S-8 POS EDGAR
  6. Aug 14, 2025S-8 POS EDGAR
  7. Aug 14, 20258-K EDGAR
  8. Aug 14, 20254 PRIMARY DOCUMENT EDGAR
  9. Aug 14, 20254 PRIMARY DOCUMENT EDGAR
  10. Aug 14, 20254 PRIMARY DOCUMENT EDGAR
  11. Aug 14, 20254 PRIMARY DOCUMENT EDGAR
  12. Aug 14, 20254 PRIMARY DOCUMENT EDGAR
  13. Aug 13, 2025SCHEDULE 13G/A EDGAR
  14. Aug 7, 20254/A PRIMARY DOCUMENT EDGAR
  15. Aug 7, 20254 PRIMARY DOCUMENT EDGAR
  16. Aug 5, 20258-K EDGAR
  17. Jul 30, 2025425 EDGAR
  18. Jul 29, 20258-K EDGAR
  19. Jul 25, 2025425 EDGAR
  20. Jul 25, 20258-K EDGAR

The 108 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

2 open-market trades by officers, directors and large owners since October 2021: 2 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Nov 24, 2023TURNER HOWARD EDirectorBuy1,000$0.97$970Form 4
May 25, 2022THORNTON ROBERT M JRBuy25,000$1.03$25.8KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How SUNLINK HEALTH SYSTEMS INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARSUNLINK HEALTH SYSTEMS INC1
  • CIK0000096793
  • Employer ID (EIN)31-06211891
  • Filer statusNon-accelerated filer<br>smaller reporting company1
  • Incorporated inOhio1
  • Fiscal year endsJune 301
  • Industry code (SIC)8062 Services-General Medical & Surgical Hospitals, NEC1
  • SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
  • Business address900 Circle 75 Parkway, Suite 690, Atlanta, GA 303391
  • Phone77093370001
  • Shares outstanding7,040,603 as of May 13, 202514
  • Public float$5.1M as of Dec 29, 202316
  • On EDGAR sinceFeb 15, 19941
  • Filings760 in all: 4 (216), 8-K (144), 10-Q (92), SC 13D/A (36), DEF 14A (30), 4/A (28), 10-K (26), CORRESP (18)1
    All 47 form types

    425 (17), SC 13E3/A (17), UPLOAD (14), 8-K/A (13), SC 13D (11), SC 13G (11), SC 13G/A (11), S-8 POS (7), 10-Q/A (6), 3 (6), S-8 (6), PRE 14A (5), SC 13E3 (5), 10-K405 (4), NT 10-Q (4), 10-K/A (3), S-4/A (3), SCHEDULE 13G/A (3), 15-12G (2), 8-A12B (2), SC TO-C (2), 25-NSE (1), 8-A12G (1), ARS (1), CT ORDER (1), D (1), DEFA14A (1), DEFM14A (1), EFFECT (1), NT 10-K (1), NTN 10K (1), POS AM (1), S-4 (1), SC 13E4 (1), SC 13E4/A (1), SCHEDULE 13D/A (1), SCHEDULE 13G (1), T-3 (1), T-3/A (1)

  • Latest filingsAnnual report (10-K) Sep 30, 2024
    Quarterly report (10-Q) May 13, 2025
    Proxy statement (DEF 14A) Jun 6, 2024
    Latest 8-K (8-K) Aug 14, 2025

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