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Microbix Biosystems Inc. (T:MBX)

Business Focus: Biotechnology & Medical Research (NEC)

Sector:  Healthcare Industry:  Biotechnology & Medical Research
See Regulatory Filings on SEDAR
Company Contact
Address: 265 Watline Avenue
Tel: N/A
IR: See website
Key People
Cameron L. Groome
President, Chief Executive Officer, Director
James S. Currie
Chief Financial Officer
Philip 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 company, which develops and commercializes biological and technology solutions. The Company manufactures a range of biological materials for the diagnostics industry, notably antigens (Antigen business) used in immunoassays and its quality assessment and proficiency testing controls (QAPs business). The Company operates in two segments: the development, manufacturing, and sales of antigens as materials for the medical diagnostic industry or as quality assessment products (as finished products) and viral transport medium (VTM) and the development and commercialization of products or technologies such as Kinlytic and . The Kinlyti urokinase, which is a biologic thrombolytic drug used to treat blood clots. The Company's catalogue of catalogue covers a range of pathogens that are implicated in maternal, pediatric, childhood, respiratory, sexually transmitted and insect-borne diseases. Its QAPs are available in over 30 countries.
Financial Overview
For the six months ended 31 March 2022, Microbix Biosystems Inc revenues increased 30% to C$9.7M. Net income increased 72% to C$1.6M. Revenues reflect Kinlytic and Lumisort segment increase from C$2K to C$4K, North America segment increase of 86% to C$7.5M, Other foreign segment increase from C$4K to C$10K. Basic Earnings per Share excluding Extraordinary Items remained flat at C$0.01.
Employees: 69 as of Sep 30, 2015
Reporting Currency: Canadian Dollars
Enterprise value: $58.16M as of Mar 31, 2022
Annual revenue (TTM): $20.82M as of Mar 31, 2022
EBITDA (TTM): $6.34M as of Mar 31, 2022
Net annual income (TTM): $3.91M as of Mar 31, 2022
Free cash flow (TTM): $0.66M as of Mar 31, 2022
Net Debt Last Fiscal Year: N/A
Shares outstanding: 137,291,374 as of May 13, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization