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Opsens Inc T.OPS

OpSens Inc. is a medical device cardiology-focused company. The Company offers an advanced optical-based pressure guidewire that aims at improving the clinical outcome of patients with coronary artery disease. The Company’s segments include Medical and Industrial. The Medical segment focuses on physiological measurements, such as Fractional Flow Reserve (FFR) and Diastolic Pressure Ratio (dPR) in the coronary artery disease market and also supplies a range of miniature optical sensors to measure pressure and temperature to be used in a range of applications that can be integrated into other medical devices. The Industrial segment develops, manufactures and installs fiber optic sensing solutions for critical and demanding industrial applications. Its flagship product, the OptoWire, is a second-generation fiber optic pressure guidewire designed to provide the lowest drift in the industry and lesions access. It is approved for sale in the United States, European Union, Japan and Canada.


TSX:OPS - Post by User

Comment by bossuon Jan 13, 2022 12:33pm
152 Views
Post# 34313214

RE:RE:RE:M Partners Top Pick

RE:RE:RE:M Partners Top PickWas hoping for a breakeven but obviously not the case.
Pandemic his a big and real factor when you look at was is happening in the medical environnement.
Develolpping and marketing their product in the US is excellent.
But the big plus factor woul be a  factor i a buyout ...
So I stay in and ready to average a bit lower.





uote=bossu]Financial report :Opsens to release Q1 2022 financial results Jan. 13

Great potential and a break even and
  • Cash and cash equivalents at $38.6-million as of Aug. 31, 2021, an increase of $27.7-million versus last year period ended Aug. 31, 2020.
 A revenu increase for the Q1 would be a good start,
  • Record total revenue of $34.5-million in FY 2021 compared with $29.5-million in FY 2020, a 17-per-cent increase;
  • Record sales of coronary artery disease products at $22.9-million in FY 2021, compared with $18.7-million in FY 2020, a 22-per-cent increase;
Last year  was a $ 1 ,5  M loss. compare to a loss of $ 2,5 M in the FY 2020.
So sales are growing and loss heading down 

The storey is just beginning but a share drop financial report is not a good sign.



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