Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Aquarius Surgical Technologies Inc. (C:ASTI)

Business Focus: Advanced Medical Equipment & Technology (NEC)

Sector:  Healthcare Industry:  Advanced Medical Equipment & Technology
 
Company Contact
Address: 89 Scollard Street
TORONTO ON M5R 1G4
Tel: N/A
Website: https://aquariussurgical.com
IR: See website
Key People
N/A    
Business Overview
Aquarius Surgical Technologies Inc. is a Canada-based provider of minimally invasive medical laser systems and consumables for multiple medical disciplines, principally in the field of urology. Its solutions also include clinical education, service, support and maintenance. The Company is primary focused on the development, sale, distribution, marketing and exploitation of technologies for use in surgical environments. It is involved in lasers and fibers sales and service operations through its subsidiary Surgical Lasers Inc. (SLI). SLI is an international distributor, service, support and training organization providing integrated laser-based solutions across multiple medical disciplines. These disciplines include urology, gynecology, ophthalmology, thoracic, ear nose throat (ENT), cardiovascular, and neurosurgery, many of which are now considered the standard of care for treatment.
Financial Overview
For the nine months ended 31 December 2023, Aquarius Surgical Technologies Inc revenues increased 2% to C$170K. Net loss decreased 13% to C$538K. Revenues reflect Fiber sales increase of 41% to C$121K. Lower net loss reflects General and administrative decrease of 21% to C$441K (expense), Bank charges and interest - Balancing va decrease from C$11K (expense) to C$31K (income).
Reporting Currency: Canadian Dollars
Enterprise value: $4.49M as of Dec 31, 2023
Annual revenue (TTM): $0.21M as of Dec 31, 2023
EBITDA (TTM): -$0.45M as of Dec 31, 2023
Net annual income (TTM): -$0.64M as of Dec 31, 2023
Free cash flow (TTM): -$0.21M as of Dec 31, 2023
Net Debt Last Fiscal Year: $3.77M as of Dec 31, 2023
Shares outstanding: 27,599,172 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization