Bullboard - Stock Discussion Forum StageZero Life Sciences Ltd T.SZLS

Alternate Symbol(s): SZLSF

Healthcare Biotechnology

StageZero Life Sciences, Ltd. is a Canada-based vertically integrated healthcare company. The Company is engaged in improving the early detection and management of cancer and other chronic diseases through diagnostics and telehealth programs that provide clinical interventions to assist patients who have cancer (COC Protocol), and help patients reduce the risk of developing late-stage disease... see more

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TSX:SZLS - Post Discussion

StageZero Life Sciences Ltd > 3/31 cash on hand was $6.4M - only going up from here

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Post by 2021Gamble on May 17, 2021 9:18pm

3/31 cash on hand was $6.4M - only going up from here

Q1 Revenue of $2.5 Million

TORONTO, ON / ACCESSWIRE / May 17, 2021 / StageZero Life Sciences, Ltd. (TSX:SZLS) ("StageZero" or the "Company"), a specialist in PCR testing dedicated to the early detection of multiple diseases through whole blood, today announced its first-quarter financial results for the three months ended March 31, 2021, and provided an update on its business progress.

The Company generated $2.5M in revenue from COVID testing for the quarter. Net loss for the quarter totaled $7.3M. To reflect the operations of the Company more clearly, management has prepared an analysis of EBITDA and Adjusted EBITDA in the MD&A. As disclosed in the MD&A, the adjusted EBITDA for the quarter was $193,000. As at March 31, 2021, the Company had $6.4 million in cash.

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Comment by kodiakup on May 17, 2021 10:15pm

- something is wrong.... - Loss of 0.08 / per share and loss of 7.3 million in the last quarter ... but they made a turnover of 2.5 million .......weird..... - 6.4 million in bank ouffff proved me ... Total assets 8,234,028 - Total current liabilities 6,135,175 = 2 millions of values

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StageZero Life Sciences Ltd