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Genix Pharmaceuticals Corporation (V:GENX)

Business Focus: Special Foods & Wellbeing Products

Sector:  Consumer Non-Cyclicals Industry:  Food Processing
 
Company Contact
Address: Suite 300, 1055 West Hastings St
VANCOUVER BC V6E 2E9
Tel: N/A
Website: https://genixpharm.com
IR: See website
Key People
Mahmoud S. Aziz
President, Director
Sina Salehi Pirooz
Chief Executive Officer, Director
Danny Lee
Chief Financial Officer
Business Overview
Genix Pharmaceuticals Corporation is a nutraceutical and generic ophthalmic drugs company. The Company is focused on the research, development, manufacturing, licensing, and sales of healthcare products. Its products include evidence-based, proprietary over the counter (OTC) nutraceuticals, and other single-molecule generic drugs. The Company is engaged in marketing and selling other nutraceuticals and some pharmaceutical products, such as bee propolis capsules, calcium liquid softgels, seal oil softgels, marine lipid softgels, Lecithin softgels, fish oil softgels, EPO softgels and spirulina powder. Its products include Ketorolac 0.5% Eye Drops, Bimatoprost 0.01% Eye Drops, Timolol 0.5% Eye Drops, Loteprednol 0.5% Eye Drops, Diclofenac 0.1% Eye Drops, Brimonidine 0.2% Eye Drops. The Company sells its ophthalmic products through traditional pharmacy and drugstore retail outlets and as well as direct to consumers and e-commerce platforms.
Financial Overview
For the three months ended 31 January 2024, Genix Pharmaceuticals Corp revenues decreased from C$2K to C$0K. Net loss decreased 74% to C$59K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Consulting and management fees decrease of 74% to C$15K (expense), Foreign exchange gain (loss) increase of 69% to C$12K (income).
Reporting Currency: Canadian Dollars
Enterprise value: $4.62M as of Jan 31, 2024
Annual revenue (TTM): $0.01M as of Jan 31, 2024
EBITDA (TTM): -$0.29M as of Jan 31, 2024
Net annual income (TTM): -$4.23M as of Jan 31, 2024
Free cash flow (TTM): -$0.21M as of Jan 31, 2024
Net Debt Last Fiscal Year: $1.14M as of Jan 31, 2024
Shares outstanding: 59,224,131 as of Jan 31, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization