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BioSyent Inc. (V:RX)

Business Focus: Pharmaceuticals (NEC)

Sector:  Healthcare Industry:  Pharmaceuticals
 
Company Contact
Address: 2476 Argentia Road, Suite 402
MISSISSAUGA ON L5N 6M1
Tel: N/A
Website: https://www.biosyent.com
IR: See website
Key People
Rene C. Goehrum
Chairman of the Board, President, Chief Executive Officer
Robert Joseph March
Chief Financial Officer, Vice President - Finance
Joost Van Der Mark
Vice President- Corporate Development
Kevin Wilson
Vice President - Community Health Business
Neelu Atwal
Director - Human Resources
Ramesh Moothan
Director - International Business Unit
Sharan Raghubir
Director - Specialty Business Unit
   
Business Overview
BioSyent Inc. is a specialty pharmaceutical company. The Company, through its wholly owned subsidiaries, BioSyent Pharma Inc., and BioSyent Pharma International Inc., acquires or licenses and develops pharmaceutical and other healthcare products for sale in Canada and certain international markets. Hedley Technologies Ltd., a wholly owned subsidiary operates the Company's business marketing biologically and health friendly non-chemical insecticides. Its products include Combogesic, Cathejell, FeraMAX Pd Therapeutic 150, FeraMAX Pd Maintenance 45, FeraMAX Pd Powder 15, Gelclair, Inofolic, Proktis-M, RepaGyn, and Tibella. Combogesic is for the short-term management of mild to moderate acute pain and the reduction of fever in adults. Cathejell combines sterile gel and 2% lidocaine jelly in a collapsible syringe that is ready to use. FeraMAX Pd Therapeutic 150 is an oral hematinic that helps the body form red blood cells and is indicated for the treatment of iron deficiency anemia.
Financial Overview
For the fiscal year ended 31 December 2023, Biosyent Inc revenues increased 13% to C$31.6M. Net income increased 18% to C$6.5M. Revenues reflect Pharmaceutical Business segment increase of 14% to C$30.6M. Net income benefited from Finance income increase from C$526K to C$1.1M (income), Research and Development decrease of 31% to C$83K (expense). Dividend per share increased from C$0.04 to C$0.16.
Reporting Currency: Canadian Dollars
Enterprise value: $81.21M as of Mar 31, 2024
Annual revenue (TTM): $31.59M as of Mar 31, 2024
EBITDA (TTM): $7.99M as of Mar 31, 2024
Net annual income (TTM): $6.46M as of Mar 31, 2024
Free cash flow (TTM): $3.08M as of Mar 31, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 11,797,209 as of Apr 2, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization