StageZero Life Sciences Ltd T.SZLS

Q1 2021 Financials /Operational update

[Skrit37]

https://www.accesswire.com/647695/StageZero-Life-Sciences-Announces-Q1-2021-Financial-Results-and-Operational-Update

[Northerencents]

Ugh wrong way 

[okletsmakemoney]

Any thoughts?

[Positivelive1]

Loss of $2.5 million a month or $7.3 a quarter! Terrible!

[CashCow23]

Seems like you are terrible at understanding accounting. The results are fine, covid testing is a nice side business that seems to cover their operating costs. They need to close the clinic acquisition and start showing progress with cancer testing.   

[Positivelive1]

I think I understand the numbers- go ahead and indulge! 

[SAGDollar]

The way things are going there's gonna be more financing to come.. Glad I hit the sell button above a dollar. Balance sheets and net loss is pretty brutal. No where near cash flow positive but I guess thats expected when launching Aristotle and such. I know it's crazy to say but I could see this being sub 50 cents... It will bounce back but I don't think quite yet.

[LithLover]

Cash, beginning of period $6,597,187 Cash, end of period $6,443,401 Net decrease in cash during the period ($153,786) Maybe you need to rethink what cashflow positive means.   And still with $7 million in the bank.  So no, they do not need financing. Any additional financing would be for another acquistion not for operations.  

[Dizzy76]

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[LithLover]

It's called bashers are worried.  Company is basically cash flow positive. Operations are being funded almost entirely by revenue from Covid without even touching the bank account which holds a war chest for Aristotle.  The deal with Care Oncology (nice to see them on the call) will highlight Aristotle and with Covid restrictions being lifted, cancer detection and testing will

[Liked2Think]

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[Mykndrsn]

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[LithLover]

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[Liked2Think]

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[Mykndrsn]

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[LithLover]

Basically break even for the quarter and nearly cash flow positive.  $7 million in the bank.  Show me another biotech with this low of a market cap in that solid of a position    

[kodiakup]

- I don't know where you see 7 million in banks when they have 0.08 / loss shares ...for the last quarter..... Financial Overview   For the fiscal year ended 31 December 2020,StageZero Life Sciences Ltd revenues increased from $139Kto $4.2M. Net loss increased 97% to $6.9M. Revenues reflectan increase in demand for the Company's

[LithLover]

Read the financials out on Sedar shows start and ending cash position.