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Microbix Biosystems Inc. (T:MBX)

Business Focus: Biotechnology & Medical Research (NEC)

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