|Day's Range||0.460 - 0.540|
|52 Week Range||0.180 - 0.540|
|PE Ratio (TTM)||-10.33|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Revenue came in at ~$400,000 but widely missed our estimate by ~50%. The domestic market (Canada) revenue decreased ~50% as compared to the same period in 2015 offsetting more than ~50% bump in international regions. The U.S. revenue jumped by 1700% from Q1 2015. Theralase is focused on training its marketing team to grow its U.S. revenues as well as international revenues through exclusive distribution agreements.
Theralase Technologies, Inc. reports preliminary financial results for the quarter ended June 30, 2015.We analyze the earnings along side the following peers of Theralase Technologies Inc. – Pyng Medical Corp., Verisante Technology, Inc., Medx Health Corp. and CRH Medical Corporation (PYT-CA, VRS-CA, MDX-CA and CRH-CA) that have also reported for this period.HighlightsSummary numbers: Revenues of […] (Read more...) The post Theralase Technologies, Inc. Earnings Q2, 2015 appeared first on CapitalCube.
For the six month period ending June 30, 2015 sales revenues increased by 11% in Canada while in the U.S. it decreased by 54% and international revenue decreased by 89% as compared to 1H 2014. Management intends to maintain sales of the TLC-1000 and TLC-900 devices in the Canadian market for the first three quarters of 2015 until they commence launch of their next generation device, the TLC-2000, pending Health Canada approval. The increased spend in SG&A are due to expenses related to investor relations activities, legal fees for additional trademark and intellectual property patents in both its therapeutic laser and anti-cancer divisions, and granting and vesting of stock options to employees of the company.