Sector: Healthcare | Industry: Advanced Medical Equipment & Technology |
Company Contact | |
Address: | 18 Wynford Drive, Suite 305 NORTH YORK ON M3C 3S2 |
Tel: | N/A |
Website: | https://www.cardiocommsolutions.com |
IR: | See website |
Key People | ||
Etienne Grima Chief Executive Officer, Corporate Secretary, Director | Josee Bertrand Chief Financial Officer |
Business Overview |
CardioComm Solutions, Inc. is a Canada-based company, which develops software, hardware and core laboratory reading services related to electrocardiogram (ECG) and ambulatory arrhythmia monitoring systems for medical and consumer markets globally. The Company's specialization is in the software engineering of computer based (ECG) management and reporting software. The software permits physician interpretations of ECGs and supports private and public payer fee-for-service billings. The Company's device connectivity and ECG management technologies are used in medical, consumer, clinical research and telemedicine solutions for the recording, transmission, viewing, analyzing, reporting and storage of electrocardiograms, for arrhythmia screening, diagnosis, and management of cardiac patients. Its Global ECG Management Solutions (GEMS) and GlobalCardio (Cloud based GEMS) products are licensed worldwide to hospitals, ECG commercial reading services and physicians. |
Financial Overview |
For the nine months ended 30 September 2023, CardioComm Solutions Inc revenues decreased 7% to C$701K. Net loss totaled C$11K vs. income of C$55K. Revenues reflect Hardware sales decrease of 67% to C$105K, Support decrease of 46% to C$25K. Net loss reflects Salaries and wages increase of 14% to C$412K (expense), Professional fees increase from C$26K to C$76K (expense), Other income - Balancing value decrease of 14% to C$77K (income). |
Employees: | 16 as of Dec 31, 2002 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $1.80M as of Sep 30, 2023 |
Annual revenue (TTM): | $0.94M as of Sep 30, 2023 |
EBITDA (TTM): | -$0.10M as of Sep 30, 2023 |
Net annual income (TTM): | -$0.07M as of Sep 30, 2023 |
Free cash flow (TTM): | -$0.17M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | $0.39M as of Sep 30, 2023 |
Shares outstanding: | 151,164,638 as of Sep 30, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |