Sector: Healthcare | Industry: Biotechnology & Medical Research |
Company Contact | |
Address: | 265 Watline Avenue MISSISSAUGA ON L4Z 1P3 |
Tel: | N/A |
Website: | https://microbix.com |
IR: | See website |
Key People | ||
Cameron L. Groome President, Chief Executive Officer, Director | James S. Currie Chief Financial Officer | Kenneth Hughes Chief Operating Officer |
Phillip J. Casselli Senior Vice President - Sales and Business Development | Mark Luscher Senior Vice President - Scientific Affairs |
Business Overview |
Microbix Biosystems Inc. is a Canada-based life science company, which develops and commercializes biological and technological solutions for human health and wellbeing. The Company manufactures a wide range of critical biological materials for the global diagnostics industry, mainly antigens for immunoassays and its laboratory quality assessment products (QAPs) that support clinical lab proficiency testing, enable assay development and validation, or help ensure the quality of clinical diagnostic workflows. It operates through two segments: the development, manufacturing and sales of products relating to the medical diagnostics industry, namely antigens as test ingredients, quality assessment products to help ensure the accuracy of test workflows and viral transport medium to enable collection of patient test samples and the development and commercialization of products or technologies such as Kinlytic. Its Kinlyti urokinase is a biologic thrombolytic drug used to treat blood clots. |
Financial Overview |
For the three months ended 31 December 2023, Microbix Biosystems Inc revenues increased from C$2.5M to C$8.4M. Net income totaled C$2.5M vs. loss of C$1.3M. Revenues reflect North America segment increase from C$2M to C$7.9M, Europe segment increase of 13% to C$534K. Net Income reflects Interest Income increase of 17% to C$115K (income), Interest Other decrease from C$1K (expense) to C$0K. |
Employees: | 69 as of Sep 30, 2015 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $40.95M as of Dec 31, 2023 |
Annual revenue (TTM): | $22.42M as of Dec 31, 2023 |
EBITDA (TTM): | $2.45M as of Dec 31, 2023 |
Net annual income (TTM): | $3.72M as of Dec 31, 2023 |
Free cash flow (TTM): | $0.04M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 137,417,294 as of Apr 11, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |