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Titan Medical Inc.

Company price
None USD 0.00(0%)
Last update at 2024-11-14T21:00:26.371909Z
Market Cap
6.49M

Momentum Score

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Titan Medical Inc., a medical technology company, focuses on the development and commercialization of robotic assisted surgical technologies for application in minimally invasive surgery. It is developing the Enos system, a robotic single access surgical system that includes a surgeon-controlled patient cart comprising a 3D high-definition vision system and multi-articulating instruments for performing surgical procedures; and a surgeon workstation that provides the surgeon with ergonomic interface to the patient cart and a 3D endoscopic view inside the patient's body during surgical procedures. The company is headquartered in Toronto, Canada.

Source: TradingView
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52 Week Price Range
0.05
Low
1.20
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High

Key Metrics*

Previous Close
0.82
Dividend Yield
-
Revenue TTM
17.13M
Revenue Per Share
0.15
Gross Profit TTM
0.00M
Debt / Equity
-
ROE
-24.95%
Net Debt
-
ROCE
2571.57%
Diluted EPS TTM
-0.32

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Income before tax -42.60M -14.80M -24.18M -41.91M
Net income -42.54M -14.86M -24.18M -41.91M
Selling general administrative 11.76M 12.43M 7.63M 7.81M
Reconciled depreciation 0.86M 0.70M 0.24M 0.03M
Ebit - -30.31M 4.15M -59.27M
Ebitda -41.59M -13.98M -22.86M -41.45M
Operating income -44.77M -30.99M 4.20M -59.27M
Interest expense 0.15M 0.12M 1.09M 0.42M
Tax provision -0.06M 0.06M - -
Interest income 0.14M 0.07M 0.03M 0.12M
Net interest income -0.00M -0.05M -2.88M -2.40M
Income tax expense - 0.06M - -
Total revenue 0.00M 20.09M 20.00M 0.00M
Total operating expenses 44.77M 51.08M 15.80M 59.27M
Total other income expense net 2.18M 16.24M -25.50M 19.76M
Net income from continuing ops -42.54M -14.86M -24.18M -41.91M
Net income applicable to common shares - -14.86M -24.18M -41.91M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 7.12M 47.22M 29.84M 3.38M
Intangible assets 2.08M 1.92M 1.78M 1.60M
Other current assets - - - 0.48M
Total liab 10.28M 11.93M 43.65M 15.06M
Total stockholder equity -3.16M 35.29M -13.81M -11.68M
Other current liab 0.28M 4.93M 36.32M 3.62M
Common stock - 263.36M 215.15M 194.86M
Capital stock 264.51M 263.36M 215.82M 194.86M
Retained earnings -296.43M -253.89M -239.03M -214.84M
Other liab - 0.06M - -
Cash 3.29M 32.31M 25.47M 0.81M
Total current liabilities 8.86M 10.89M 42.90M 15.06M
Short long term debt - - 1.89M -
Other stockholder equity - 11.75M 0.67M -
Property plant equipment - 1.64M 1.11M 0.03M
Total current assets 5.04M 43.66M 26.95M 1.75M
Net tangible assets - 33.37M -15.59M -13.28M
Net receivables 0.00M 8.28M 0.07M 0.08M
Accounts payable - 5.62M 4.53M 10.85M
Non current assets total 2.08M 3.56M 2.89M 1.63M
Capital lease obligations 1.71M 1.33M 0.92M 0.03M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Investments -1.02M -0.76M -0.60M -0.46M
Change to liabilities - 1.09M -4.37M 4.96M
Total cashflows from investing activities - -0.76M -0.60M -0.46M
Net borrowings - 0.03M 1.41M -0.01M
Total cash from financing activities -0.42M 44.21M 26.10M 35.76M
Change to operating activities - -1.60M -0.54M 8.34M
Net income -42.54M -14.86M -24.18M -41.91M
Change in cash -29.02M 6.84M 24.66M -10.66M
Begin period cash flow 32.31M 25.47M 0.81M 11.47M
End period cash flow 3.29M 32.31M 25.47M 0.81M
Total cash from operating activities -27.58M -36.62M -0.84M -45.96M
Issuance of capital stock 0.00M 34.18M 24.69M 35.77M
Depreciation 0.86M 0.70M 0.28M 0.03M
Change to account receivables - -10.03M -10.03M -10.03M
Other cashflows from financing activities - 9.09M 9.09M 9.09M
Change to netincome - -11.92M 27.97M -17.39M
Capital expenditures 1.02M 0.37M 0.28M 0.28M
Change in working capital 12.19M -10.54M -4.92M 13.30M
Stock based compensation 4.08M 4.04M 1.10M 1.65M
Other non cash items 0.13M -0.35M -1.08M 0.74M
Free cash flow -28.60M -37.37M -1.44M -46.42M

Peer Comparison*

Sector: Healthcare Industry: Medical Devices

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
ABT
Abbott Laboratories
-0.71
0.65%
108.58 25.97 17.24 3.57 3.20 3.81 16.75
MDT
Medtronic PLC
0.28
0.28%
101.89 26.60 15.87 3.35 2.08 3.90 14.12
SYK
Stryker Corporation
-2.16
0.68%
316.63 29.23 16.86 4.18 4.51 4.63 17.16
SEMHF
Siemens Healthineers AG
-
-%
47.31 39.57 21.32 3.01 3.29 2.95 16.92

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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