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Therma Bright Inc

Company price
0.03 CAD 0.01 ( 20.00%)
Last update at 2026-11-04T19:30:00Z
VOLUME
131323
Market Cap
3.37M

Momentum Score

…

Therma Bright Inc. acquires, develops, manufactures, and markets proprietary healthcare and medical devices focused on respiratory diseases, vascular health, and consumer medical devices for consumer and institutional marketplace. Its products include AcuVid, an antigen and antibody rapid screening test for COVID-19; InterceptCS, a cold sore prevention system, which provides controlled topical heat without the risk of burning the skin; Benepod, a hot and cold contrast therapy device for pain relief without pain relieving medication; Venowave, a medical compression pump designed to treat and alleviate the symptoms associated with poor circulation; and TherOZap, a thermal therapy insect device that reduces the inflammatory response, as well as relieves the symptoms of pain, itching, and inflammation associated with insect bites and stings. The company also offers Inretio, a medical device for ischemic stroke treatment; Digital Cough Test (DCT), an app that uses artificial intelligence to detect multiple respiratory diseases; and inhaled statin therapy for the treatment of COVID-19 pneumonia and acute respiratory distress syndrome in hospitalized patients. It serves consumers and medical professionals. The company was formerly known as The Jenex Corporation and changed its name to Therma Bright Inc. in February 2018. Therma Bright Inc. was incorporated in 2001 and is based in Toronto, Canada.

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Day Price Range
0.03
Low
0.03
High
52 Week Price Range
0.04
Low
0.20
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
AI Summary

Therma Bright Inc (THRM.V) is a small-cap issuer listed on the TSX Venture Exchange; limited public information is available about its core business, assets and strategic plan. Because operational details and disclosed growth drivers are unclear, investors should view the company as a speculative exposure that may benefit from future operational developments or clearer disclosure.

Material risks include scant public disclosure, low market liquidity, likely need for additional financing, execution risk typical of early-stage issuers and potential regulatory or operational uncertainty.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.03
Dividend Yield
-
Revenue TTM
0.07M
Revenue Per Share
0.00
Gross Profit TTM
0.04M
Debt / Equity
-
ROE
-65911.08%
Net Debt
0.04M
ROCE
112.93%
Diluted EPS TTM
-0.07

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-07-31 2024-07-31 2023-07-31 2022-07-31 2021-07-31
Type yearly yearly yearly yearly yearly
Date 2025-07-31 2024-07-31 2023-07-31 2022-07-31 2021-07-31
Income before tax -4.34M -2.45M -3.77M -5.88M -8.61M
Net income -4.34M -2.45M -3.77M -5.88M -8.61M
Selling general administrative 1.73M 1.15M 3.18M 4.94M 7.17M
Gross profit 0.05M 0.03M -0.05M 0.06M 0.00M
Reconciled depreciation 0.09M 0.10M 0.08M 0.15M 0.06M
Ebit - - -3.68M -5.84M -8.59M
Ebitda - - -3.60M -5.68M -8.54M
Depreciation and amortization - - 0.08M 0.15M 0.06M
Operating income -1.77M -1.23M -3.60M -5.68M -8.54M
Other operating expenses - - 3.70M 5.98M 8.60M
Interest expense 0.00M 0.01M 0.01M 0.00M 0.00M
Net interest income -0.00M -0.01M -0.01M -0.00M 0.00M
Income tax expense - - 0.01M 0.00M -
Total revenue 0.08M 0.03M 0.02M 0.14M 0.00M
Total operating expenses 1.85M 1.26M 3.70M 5.90M 8.60M
Cost of revenue 0.03M 0.00M 0.08M 0.08M 0.00M
Total other income expense net -2.57M -1.21M -0.08M -0.04M -0.02M
Net income from continuing ops -4.34M -2.45M -3.77M -5.88M -8.61M
Net income applicable to common shares - - - -5.88M -8.61M
Breakdown 2025-07-31 2024-07-31 2023-07-31 2022-07-31 2021-07-31
Type yearly yearly yearly yearly yearly
Date 2025-07-31 2024-07-31 2023-07-31 2022-07-31 2021-07-31
Total assets 0.25M 3.19M 2.21M 4.00M 2.24M
Intangible assets 0.03M 0.52M 0.62M 0.11M -
Total liab 1.81M 1.87M 2.16M 1.25M 0.93M
Total stockholder equity -1.57M 1.32M 0.04M 2.75M 1.32M
Common stock - - - 20.86M 18.91M
Capital stock 26.55M 25.27M 21.83M 20.86M 18.91M
Retained earnings -42.57M -38.23M -35.78M -32.01M -26.13M
Other assets - - - 0.20M -
Cash 0.00M 0.00M 0.18M 3.08M 1.78M
Total current liabilities 1.81M 1.87M 2.14M 1.16M 0.89M
Net debt 0.04M 0.04M - - -
Short long term debt 0.04M 0.04M 0.04M - -
Other stockholder equity - - - 13.90M 8.53M
Property plant equipment - - - 0.11M 0.08M
Total current assets 0.20M 0.39M 0.45M 3.58M 1.95M
Long term investments 0.00M 2.12M 0.84M - -
Net tangible assets - - - 2.64M 1.11M
Short term investments 0.04M - - - -
Net receivables - - 0.00M 0.25M 0.10M
Long term debt - - - 0.04M 0.04M
Inventory 0.13M 0.17M 0.17M 0.17M 0.05M
Accounts payable 0.99M 1.07M 1.43M 0.34M 0.49M
Non currrent assets other - 2.80M - - -
Non current assets total 0.05M 2.80M 1.76M 0.42M 0.29M
Capital lease obligations 0.00M 0.03M 0.05M 0.07M 0.00M
Breakdown 2025-07-31 2024-07-31 2023-07-31 2022-07-31 2021-07-31
Type yearly yearly yearly yearly yearly
Date 2025-07-31 2024-07-31 2023-07-31 2022-07-31 2021-07-31
Investments 0.00M -0.14M -0.69M -0.20M -0.30M
Change to liabilities - - - 0.68M 1.27M
Total cashflows from investing activities - - - -0.20M -0.30M
Net borrowings -0.03M -0.03M - -0.01M -0.06M
Total cash from financing activities 0.15M 0.97M -0.03M 5.31M 3.87M
Change to operating activities - - - -0.09M -0.11M
Net income -4.34M -2.45M -3.77M -5.88M -8.61M
Change in cash 0.00M -0.18M -2.90M 1.30M 0.72M
Begin period cash flow 0.00M 0.18M 3.08M 1.78M 1.06M
End period cash flow 0.00M 0.00M 0.18M 3.08M 1.78M
Total cash from operating activities -0.15M -1.01M -2.17M -3.80M -2.86M
Issuance of capital stock 0.17M 1.00M 0.00M 5.31M 3.93M
Depreciation 0.09M 0.10M 0.08M 0.15M 0.06M
Other cashflows from investing activities - - - -0.20M -0.20M
Change to inventory 0.04M 0.00M -0.93M -0.12M -0.03M
Change to account receivables - 0.00M 0.12M -0.12M -0.10M
Other cashflows from financing activities - - -0.69M -0.69M -0.06M
Change to netincome - - - 1.58M 4.57M
Capital expenditures 0.00M 0.00M 0.27M 0.00M 0.30M
Change in working capital 1.31M -0.21M 1.17M 0.35M 1.12M
Stock based compensation 0.17M 0.30M 0.30M 1.57M 4.57M
Other non cash items 0.05M 0.05M -0.01M 0.00M 3.55M
Free cash flow -0.15M -1.01M -2.44M -3.80M -3.16M

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)
THRM
Therma Bright Inc
0.01
20.00%
0.03 - - 49.94 2.54 50.00 -5.84
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*

Therma Bright Inc

Therma Bright Inc. acquires, develops, manufactures, and markets proprietary healthcare and medical devices focused on respiratory diseases, vascular health, and consumer medical devices for consumer and institutional marketplace. Its products include AcuVid, an antigen and antibody rapid screening test for COVID-19; InterceptCS, a cold sore prevention system, which provides controlled topical heat without the risk of burning the skin; Benepod, a hot and cold contrast therapy device for pain relief without pain relieving medication; Venowave, a medical compression pump designed to treat and alleviate the symptoms associated with poor circulation; and TherOZap, a thermal therapy insect device that reduces the inflammatory response, as well as relieves the symptoms of pain, itching, and inflammation associated with insect bites and stings. The company also offers Inretio, a medical device for ischemic stroke treatment; Digital Cough Test (DCT), an app that uses artificial intelligence to detect multiple respiratory diseases; and inhaled statin therapy for the treatment of COVID-19 pneumonia and acute respiratory distress syndrome in hospitalized patients. It serves consumers and medical professionals. The company was formerly known as The Jenex Corporation and changed its name to Therma Bright Inc. in February 2018. Therma Bright Inc. was incorporated in 2001 and is based in Toronto, Canada.

345 Danforth Avenue, Toronto, ON, Canada, M4K 1N7

844 274 6837

Name Title Year Born
Mr. Roberto Fia C.F.A. Chairman, Pres & CEO 1970
Mr. Victor Hugo C.M.A., CPA Chief Financial Officer 1970
Mr. Michael Mayo Director of Sales NA
Mr. Roberto Fia C.F.A. Chairman, President & CEO 1970
Mr. Sung Min Myung C.A., CPA Chief Financial Officer 1986
Mr. Sung Min Myung C.A., CPA Chief Financial Officer 1987

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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