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Microbix Biosystems Inc T.MBX

Alternate Symbol(s):  MBXBF

Healthcare Biotechnology
Microbix Biosystems Inc. develops and commercializes biological and technological solutions for human health and wellbeing. It enables the commercialization of diagnostic assays by making a range of critical ingredients and devices for the global diagnostics industry, notably antigens for immunoassays and its laboratory quality assessment products (QAPs) that support clinical lab proficiency testing, enable assay development and validation, or help ensure the quality of clinical diagnostic workflows. Its segments include development, manufacturing and sales of products relating to the medical diagnostics industry, namely antigens as test ingredients, quality assessment products to help ensure the accuracy of test workflows and viral transport medium to enable collection of patient test samples and, and development and commercialization of novel and proprietary products or technologies, such as Kinlytic. Its Kinlytic urokinase is a biologic thrombolytic drug used to treat blood clots.


TSX:MBX - Post by User

Microbix Biosystems Inc > New Press Release - Microbix Reports Record Results for Q1 Fiscal 2024
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Comment by lscfaon Feb 14, 2024 3:26pm
131 Views
Post# 35880475

RE:RE:RE:RE:RE:New Press Release - Microbix Reports Record Results for Q1 Fiscal 2024

RE:RE:RE:RE:RE:New Press Release - Microbix Reports Record Results for Q1 Fiscal 2024Co. needs to do $30 million/yr revenue to justify current share price 



 

Revenue

30,000,000

50% gross margin

15,000,000

Cash Overhead

-10,000,000

ebitda

5,000,000

Diluted shs

181,285,742

Ebitda/sh

$0.0276

Multiple

15

Sh value

$0.41

 

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