WLSSOTCServices-Health ServicesUS GAAP · USD

Welsis Corp.

Welsis Corp. is a Wyoming-incorporated U.S. services company that operates an online psychological help platform for teletherapy and telepsychology consultations. Its service model connects consumers with board-certified specialists through mobile devices, the internet, video, and phone calls, and it also launched a cryptocurrency exchange and wallet platform under TokenTraders.net.

Revenue0.0m USD
−100.0 %y/y
Operating profit (EBIT)-0.1m USD
+12.7 %y/y
Net income-0.1m USD
−145.9 %y/y
Free cash flow-0.0m USD
−66.6 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

-0.06-0.04-0.020.000.02m USD2021: 0.00 m USD2021: EBIT -0.06 m USD20212022: 0.00 m USD2022: EBIT -0.04 m USD20222023: 0.02 m USD2023: EBIT -0.04 m USD20232024: 0.00 m USD2024: EBIT -0.06 m USD20242025: 0.00 m USD2025: EBIT -0.05 m USD20250.00-0.05
RevenueOperating profit (EBIT)

Business

Share of revenue
Teletherapy and telepsychology services70 %

Remote psychological consultations and counseling delivered by licensed specialists.

Behavioral health counseling20 %

Therapy services for individuals, couples, families, adolescents, and adults.

Crypto exchange platform10 %

TokenTraders.net digital asset trading and exchange functionality.

Customers

Welsis serves consumers seeking remote mental health support, including adolescents, adults, individuals, couples, and families. Its newer crypto offering targets users who want to exchange and store digital assets through a web-based platform.

Adolescents

Teen users seeking remote psychological help and counseling.

Adults

Adult consumers using teletherapy for ongoing mental health support.

Individuals, couples, and families

Households buying counseling sessions for relationship and family support.

Crypto traders and wallet users

Users of TokenTraders.net who trade cryptocurrencies and store digital assets.

Strategy

Welsis is building around two digital platforms: remote behavioral health services and a crypto exchange/wallet offering. Its funding strategy relies on existing funds, related-party support, and further securities issuances, which is consistent with an early-stage operating model.

Grow the teletherapy platformShort term

The core business depends on attracting users to remote counseling services and building repeat usage.

Build the crypto exchange and wallet offeringMedium term

TokenTraders.net adds a second digital platform and broadens the company beyond behavioral health.

Secure ongoing financingShort term

The company needs external capital to fund operations and working capital requirements.

Geography

Welsis is incorporated in Wyoming and operates as a U.S.-based business. The filings do not disclose a meaningful country-by-country revenue split, so the company should be viewed as primarily exposed to the U.S. market and U.S. regulatory environment.

Risks

Welsis faces the risks typical of an early-stage digital services company, including customer adoption, platform execution, and dependence on external financing. It also faces heightened regulatory and compliance risk because it operates in both healthcare-related services and cryptocurrency, two heavily scrutinized areas.

Sorted by severity
Going-concern and liquidity riskHigh

The company has a working capital deficiency and relies on external funding to continue operations.

Exposure: Corporate liquidity and continuity of operations

Regulatory risk in telehealth servicesHigh

Remote psychological services are subject to healthcare, privacy, and licensing rules.

Exposure: Teletherapy platform

Crypto and blockchain regulatory riskHigh

Digital asset exchange and wallet services face evolving compliance and market rules.

Exposure: TokenTraders.net

Execution risk on new platform launchesMedium

The company is building multiple offerings with limited operating history.

Exposure: Product development and user acquisition

Accounting

Judgemental items
Revenue recognition

Service and platform revenues may depend on when consultations or access are delivered.

Impact: Can affect reported revenue timing and comparability across periods

Intangible assets

The company references a mobile application and website that require amortization and possible impairment testing.

Impact: Can materially affect operating expenses and asset values

Convertible notes

Financing through convertible notes can create interest, discount, and equity classification judgments.

Impact: Can affect financing costs and balance sheet presentation

Going concern assessment

Limited operating scale and funding dependence require management judgment on continuation assumptions.

Impact: Affects disclosure and investor assessment of financial viability

Publicly listed companies with a comparable business focus.

Last updated: 29/04/2026