TSX-V

CardioComm Solutions, Inc.

EKG.V•Healthcare•Health Information Services
Current Price
$0.01
Today's Change
+0.00%
Market Cap
$1.98M
Volume
1.00

💡 Quick Take

CardioComm Solutions, Inc. specializes in developing software and hardware for ECG and ambulatory arrhythmia monitoring. While the company boasts a strong gross margin of 79.1%, it faces significant concerns with negative EBITDA and net margins, indicating ongoing operational losses. Additionally, a low current ratio of 0.24 raises liquidity concerns, suggesting potential challenges in meeting short-term obligations. The high gross margin juxtaposed with a low market valuation may signal inefficiencies or market skepticism regarding future profitability. Overall, while there are strengths in product margins, financial health remains a critical issue.

Based on 24 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.02
52 Week Low$0.01
Avg Volume27.07K
Beta-1.94
Shares Outstanding197.58M

🔥 Valuation

Market Cap$1.98M
Enterprise Value$2.86M
P/E RatioN/A
EV/EBITDAN/A
Dividend Yield0.00%

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🚩 Red Flags

🔴

Cash Runway Critical

Company has $47K in cash but burned $113K last quarter. At this burn rate, only 0.4 quarters of runway remain without additional financing.

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Significant Losses

Company posted a loss of $-529K over the last year, representing 194.6% of revenue.

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High Debt Load

Debt of $691K is 14.7x the company's cash position of $47K.

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Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $453K over the last year.

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Margin Pressure

Gross profit margin decreased from 91.4% to 81.5% compared to last year.

🌟 Opportunities

🚀

Exceptional revenue growth of 59.7% YoY demonstrates strong market demand and competitive positioning.

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Exceptional gross margin of 81.5% indicates strong pricing power and competitive moat.

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