Sector: Healthcare | Industry: Pharmaceuticals |
Company Contact | |
Address: | 4500 Blvd. Kimber SAINT-HUBERT QC J3Y 8K5 |
Tel: | N/A |
Website: | https://www.lumiera.ca |
IR: | See website |
Key People | ||
Carlos Ponce Chief Executive Officer, Director | Simon Castonguay Interim Chief Financial Officer, Director | Richard Giguere Vice President of Sales and Marketing |
Business Overview |
Lumiera Health Inc. is a Canada-based natural health products company. The principal business of the Company is that of selling natural and homeopathic products. The Company specializes in the development and commercialization of evidence-based botanical products for the healthcare industry. The Company sells both oral and topical botanical agents to help manage unmet medical needs through its Holizen Laboratories division. It is also developing and commercializing a portfolio of innovative solutions in high growth categories such as sleep-aids and pain management. Its product's portfolio categories such as topical pain relief, sleep, skin care, women's health, & infections. The Company's products and brands include Holizen, Awaye pain relief cream and Bazzzics. The Holizen portfolio has over 20 products that cover a range of therapeutic needs, including cardiovascular health; stress relief; bones, joints & muscle mobility; energy and immunity. |
Financial Overview |
For the nine months ended 31 August 2023, Lumiera Health Inc revenues decreased 45% to $243K. Net loss applicable to common stockholders decreased 74% to $368K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Salaries and payroll decrease from $516K (expense) to $0K, Interest, accretion and bank charges decrease of 61% to $236K (expense). |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $3.42M as of Aug 31, 2023 |
Annual revenue (TTM): | $0.59M as of Aug 31, 2023 |
EBITDA (TTM): | -$0.71M as of Aug 31, 2023 |
Net annual income (TTM): | -$2.36M as of Aug 31, 2023 |
Free cash flow (TTM): | -$0.49M as of Aug 31, 2023 |
Net Debt Last Fiscal Year: | $1.79M as of Aug 31, 2023 |
Shares outstanding: | 169,965,217 as of Aug 31, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |