Sector: Healthcare | Industry: Pharmaceuticals |
See Regulatory Filings on SEDAR |
Company Contact | |
Address: | 100 King St.W. Suite 1600, 1 First Canadian Place TORONTO ON M5X 1G5 |
Tel: | 1-833-2758984 |
Website: | www.khiron.ca |
IR: | See website |
Key People | ||
Chris Naprawa Chairman of the Board | Alvaro Torres Chief Executive Officer, Director | Helen Bellwood Interim Chief Financial Officer |
Franziska Katterbach President, Khiron Europe | Juan Diego Alvarez Vice President, Regulatory Affairs | Manuel Buendia Vice President, Operations | Rodrigo Duran Vice President, Pharma |
Business Overview |
Khiron Life Sciences Corp. (Khiron) is a vertically integrated international medical cannabis company with core operations in Latin America and Europe. The Company's product lines include medical cannabis products, health services and wellbeing products. The medical cannabis product sells branded medical cannabis products. The health service operates its own network of medium complexity health centers (operating under the ILANS and Zerenia brands) and Zerenia satellite clinics offering a range of health, medical and surgical services in alignment with insurance company partners. Its wellbeing product is focused on delivering the benefits of cannabidiol (CBD) a range of various branded consumer packaged goods, such as its Kuida cosmetics line. The Company provides patient-oriented approach, physician education programs, scientific expertise, product innovation, and agricultural infrastructure. The Company sells its products in Colombia, Peru, Germany, United Kingdom and Brazil. |
Financial Overview |
For the nine months ended 30 September 2022, Khiron Life Sciences Corp revenues increased 36% to C$12.5M. Net loss decreased 18% to C$11.2M. Revenues reflect Medical cannabis increase from C$2.6M to C$6.9M. Lower net loss reflects Corporate governance decrease of 75% to C$651K (expense), Share-based compensation decrease of 62% to C$975K (expense), Office and general decrease of 33% to C$1.5M (expense). |
Employees: | 310 as of Dec 31, 2021 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $5.33M as of Sep 30, 2022 |
Annual revenue (TTM): | $16.14M as of Sep 30, 2022 |
EBITDA (TTM): | -$16.86M as of Sep 30, 2022 |
Net annual income (TTM): | -$30.66M as of Sep 30, 2022 |
Free cash flow (TTM): | -$17.82M as of Sep 30, 2022 |
Net Debt Last Fiscal Year: | $0.63M as of Sep 30, 2022 |
Shares outstanding: | 218,609,396 as of Feb 3, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |