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Salona Global Medical Device Corp

Company price
None CAD 0.00(0%)
Last update at 2024-04-23T03:10:17.053828Z
Market Cap
17.63M

Momentum Score

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Salona Global Medical Device Corporation, through its subsidiaries, engages in the development, production, and sale of medical devices and products in the United States. The company's medical devices are used for pain management and physical therapy treatments, including cold/hot therapy products, neuromuscular electrical stimulation devices, transcutaneous electrical nerve stimulation devices, and ultrasound treatment devices. It also offers wearable technology and products that are used to enhance physical stability. The company was formerly known as Brattle Street Investment Corp. and changed its name to Salona Global Medical Device Corporation in December 2020. Salona Global Medical Device Corporation is headquartered in Carlsbad, California.

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52 Week Price Range
0.15
Low
0.50
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High

Key Metrics*

Previous Close
-
Dividend Yield
-
Revenue TTM
56.12M
Revenue Per Share
0.82
Gross Profit TTM
0.05M
Debt / Equity
-
ROE
-118.01%
Net Debt
-
ROCE
-25.05%
Diluted EPS TTM
-0.28

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-02-28 2021-02-28 2020-02-29 2019-02-28 2018-02-28
Type yearly yearly yearly yearly yearly
Date 2022-02-28 2021-02-28 2020-02-29 2019-02-28 2018-02-28
Income before tax -4.47M -2.67M -1.77M -0.76M -7.92M
Net income -4.37M -2.67M -2.34M -0.76M -8.06M
Selling general administrative 9.57M 2.29M 0.54M 1.73M 2.13M
Gross profit 5.96M -0.38M -1.19M 0.97M -5.67M
Reconciled depreciation 0.84M 0.00M 0.05M 0.26M 0.28M
Ebitda -3.24M -2.67M -1.67M -0.50M -7.53M
Operating income -4.45M -2.67M -1.73M -0.76M -7.80M
Other operating expenses - - - - 0.08M
Interest expense 0.39M 0.00M 0.00M 0.00M 0.00M
Tax provision -0.10M 0.00M 0.00M 0.00M 0.14M
Net interest income -0.39M - - - -
Income tax expense -0.10M - - - 0.14M
Total revenue 18.31M -0.03M 0.35M 3.15M 3.94M
Total operating expenses 22.76M 2.63M 2.08M 3.91M 11.74M
Cost of revenue 12.35M 0.35M 1.54M 2.18M 9.61M
Total other income expense net 0.37M -1.64M -0.04M - -0.12M
Discontinued operations - - -0.57M 1.57M 1.57M
Net income from continuing ops -4.37M -2.67M -1.77M -0.76M -8.06M
Net income applicable to common shares -4.37M -2.67M -1.92M -0.73M -6.61M
Breakdown 2022-02-28 2021-02-28 2020-02-29 2019-02-28 2018-02-28
Type yearly yearly yearly yearly yearly
Date 2022-02-28 2021-02-28 2020-02-29 2019-02-28 2018-02-28
Total assets 42.68M 13.13M 9.33M 11.62M 11.37M
Intangible assets 6.93M - - - -
Other current assets 0.41M 5.56M 0.14M 0.50M 0.65M
Total liab 29.53M 6.49M 0.37M 0.41M 0.33M
Total stockholder equity 13.15M 6.64M 8.97M 11.21M 11.04M
Other current liab 15.32M 5.44M 0.01M 0.01M 0.01M
Common stock 38.53M 31.07M 31.06M 31.06M 31.06M
Capital stock 38.53M 31.07M 31.06M 31.06M -
Retained earnings -33.36M -28.99M -26.33M -24.40M -23.67M
Other liab - 5.43M - - -
Good will 9.83M - - - -
Other assets 0.48M - - - -
Cash 8.06M 7.08M 8.35M 9.30M 6.06M
Total current liabilities 24.91M 6.49M 0.23M 0.28M 0.33M
Short long term debt 5.67M - - - -
Other stockholder equity 1.01M 0.94M 1.37M 1.21M 1.99M
Property plant equipment 5.40M - - 0.01M 0.06M
Total current assets 20.04M 13.13M 8.89M 11.33M 12.37M
Net tangible assets -3.61M 6.64M 9.50M 11.06M 12.09M
Short term investments 0.00M 0.49M 0.84M - -
Net receivables 6.60M - 0.40M 1.53M 5.67M
Long term debt 0.68M - - - 0.01M
Inventory 4.97M - - - -
Accounts payable 2.86M 0.48M 0.17M 0.19M 0.28M
Non current assets total 22.65M 0.00M 0.00M 0.19M 0.45M
Capital lease obligations 4.18M - - - -
Breakdown 2022-02-28 2021-02-28 2020-02-29 2019-02-28 2018-02-28
Type yearly yearly yearly yearly yearly
Date 2022-02-28 2021-02-28 2020-02-29 2019-02-28 2018-02-28
Investments 0.50M 0.07M -0.90M -0.90M -0.90M
Change to liabilities 1.52M 0.88M -0.04M -0.06M -0.83M
Total cashflows from investing activities -4.62M 0.07M -0.90M -0.90M -0.09M
Net borrowings -0.04M -0.04M -0.04M -0.04M -2.21M
Total cash from financing activities 3.94M 5.43M 5.43M 5.43M -2.46M
Change to operating activities -1.97M 0.39M 0.79M 3.02M 4.66M
Net income -4.37M -2.67M -1.92M -0.73M -6.61M
Change in cash -4.45M 4.16M -0.95M 3.25M 0.11M
Begin period cash flow 12.51M 8.35M 9.30M 6.06M 5.95M
End period cash flow 8.06M 12.51M 8.35M 9.30M 6.06M
Total cash from operating activities -3.70M -0.98M -0.20M 4.04M 3.08M
Issuance of capital stock 4.26M - - - -
Depreciation 0.84M 0.84M 0.05M 0.16M 0.28M
Dividends paid - - - 0.00M 0.25M
Change to inventory 0.25M 0.25M 0.25M 0.25M -
Change to account receivables -2.07M - - 1.38M -2.14M
Other cashflows from financing activities -0.66M -0.66M -0.66M -0.66M 0.00M
Change to netincome 0.03M 0.42M 0.93M 1.67M 5.59M
Capital expenditures 0.06M 0.06M 0.06M 0.06M 0.09M
Change in working capital -0.21M 1.27M 1.29M 4.35M 3.83M
Stock based compensation 1.20M 0.24M 0.02M 0.10M -
Other non cash items -5.65M - - - -
Free cash flow -3.76M -0.98M -0.13M 4.00M 2.98M

Peer Comparison*

Sector: Healthcare Industry: Medical Devices

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
TLT
Theralase Technologies Inc.
0.01
2.78%
0.18 - - 90.07 82.51 90.31 -12.06
CNVI
Conavi Medical Corp.
-0.01
4.55%
0.10 - - 66.65 - 95.30 -
PINK
Perimeter Medical Imaging AI Inc
-
-%
0.18 4.13 - 18.78 11.34 20.22 -2.55
CHER
Cheelcare Inc.
-
-%
1.25 - - 20.92 106.42 21.26 -

Profile*

Salona Global Medical Device Corp

Salona Global Medical Device Corporation, through its subsidiaries, engages in the development, production, and sale of medical devices and products in the United States. The company's medical devices are used for pain management and physical therapy treatments, including cold/hot therapy products, neuromuscular electrical stimulation devices, transcutaneous electrical nerve stimulation devices, and ultrasound treatment devices. It also offers wearable technology and products that are used to enhance physical stability. The company was formerly known as Brattle Street Investment Corp. and changed its name to Salona Global Medical Device Corporation in December 2020. Salona Global Medical Device Corporation is headquartered in Carlsbad, California.

3330 Caminito Daniella, Del Mar, CA, United States, 92014

800 760 6826

144

Name Title Year Born
Mr. Leslie H. Cross Exec. Chairman & Corp. Sec. 1951
Mr. Luke T. Faulstick CEO & Director 1964
Dr. Rick Greenwald Co-Founder & Pres of Simbex NA
Jeffrey Chu Exec. Officer NA
Mr. Dennis T. Nelson Chief Financial Officer 1973
Mr. Scott Rogow VP of Sales & Marketing NA
Mr. Jethro Rothe-Kushel VP of Capital Markets & Financial Communications NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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