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CareRx Corporation (T:CRRX)

Business Focus: Drug Retailers

Sector:  Consumer Non-Cyclicals Industry:  Drug Retailers
See Regulatory Filings on SEDAR
Company Contact
Address: 20 Eglinton Ave W
Tel: N/A
IR: See website
Key People
Business Overview
CareRx Corp is a Canada-based company, which provides pharmacy services and solutions to home operators and residents. The Company provides services in rural and urban areas throughout Ontario, Alberta, British Columbia, and parts of Saskatchewan. The Company serves long-term care, retirement and assisted living, and supportive housing and group homes. It offers a range of technology and program solutions, which includes eMAR Integration, Digital Prescribing, Nursing Portal and Karie Medication Dispenser.
Financial Overview
For the three months ended 31 March 2021, CareRxCorp revenues increased 47% to C$44.9M. Net loss beforeextraordinary items totaled C$5.9M vs. income of C$5.4M.Revenues reflect an increase in demand for the Company'sproducts and services due to favorable market conditions.Net loss reflects Accretion on Convertible Debenturesdecrease from C$9.8M (income) to C$685K (expense).
Employees: 778 as of Dec 31, 2020
Reporting Currency: Canadian Dollars
Enterprise value: $260.08M as of Mar 31, 2021
Annual revenue (TTM): $176.63M as of Mar 31, 2021
EBITDA (TTM): $12.44M as of Mar 31, 2021
Net annual income (TTM): -$29.44M as of Mar 31, 2021
Free cash flow (TTM): -$2.48M as of Mar 31, 2021
Net Debt Last Fiscal Year: $60.35M as of Mar 31, 2021
Shares outstanding: 30,486,031 as of Jul 8, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization