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Evome Medical Technologies Inc V.EVMT

Alternate Symbol(s):  LNDZF

Evome Medical Technologies Inc. is an international medical device company, which is focused on human performance and rehabilitative solutions. The Company’s products include Biodex Rehab product, Damar Plastics product, Mio-Guard product, Simbex services, and SDP product. Its Biodex Rehab products include Isokinetic Systems, Gait Trainer, Body-Weight Supported Training, Cycles and Ergometers, and Squat-Assist Trainer. Its Mio-Guard products include bags, cases and kits, braces, and supports, diagnostics and instruments, furniture, and equipment, padding and splinting, personal protection, sanitizers and disinfectants, and tapes and wraps. Its applications include fall risk screening and conditioning, patient-driven payment model (PDPM), wellness, sports medicine solutions, neurological involvement, safe patient handling and mobility, and senior living and rehabilitation. It offers concussion, fall screening and balance assessment and training programs.


TSXV:EVMT - Post by User

Comment by taylorsimms86on Jun 06, 2024 12:31pm
117 Views
Post# 36075574

RE:RE:RE:New Press Release - Evome Medical Technologies Announces Update Call with CEO Mike Seckler for Tuesday, June 4, 2024; Provides Update on Strong Q2

RE:RE:RE:New Press Release - Evome Medical Technologies Announces Update Call with CEO Mike Seckler for Tuesday, June 4, 2024; Provides Update on Strong Q2Obviously based on where the stock is you are right and I am wrong...but the facts are that what Seckler has done in 3 quarters is cut overhead and op costs significantly, sell assets and reduce debt, re-jig the Biodex facility to streamline ops and increase capacity, annouce further divestiture of the rest of the non-core assets to eliminate all the acquisition debt, also announse that the revolver will be paid off over next two quarters from CF, while at the same time opening sales into the USVA and Asia. So I am not sure what he has promised that he hasn't followed through on? Again I am just stating facts and not here to argue because the mkt is telling us what they think. If you like turnaround stories I am not sure what is not to like here. Time will tell soon.
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