Added to YB: 2024-06-19
Pitch date: 2024-06-16
NURS.V [neutral]
Hydreight Technologies Inc.
+1145.9%
current return
Author Info
Wolf of Oakville takes a magnifying glass to Canadian small cap stocks. Sign up for the newsletter.
Company Info
Hydreight Technologies Inc. provides operates in the digital health technology sector in the United States.
Market Cap
CAD 212.3M
Pitch Price
CAD 0.30
Price Target
N/A
Dividend
N/A
EV/EBITDA
269.34
P/E
391.23
EV/Sales
8.25
Sector
Health Care Technology
Category
N/A
Hydreight Technologies $NURS.V (2/5)
NURS.V: Hydreight Tech Q1 rev +44% to $3.38M but gross margin -800bps to 36.4% on thin pharmacy sales. Net loss tripled to $300k as expenses +36%. Weak balance sheet: 0.6 current ratio, $1.34M cash vs $2.7M liabilities due <12mo. Dilutive 15% equity plan concerning given unprofitability.
Read full article (3 min)