November 7 - 11
Market Commentary
An update will come out early/mid week. Paul has been travelling, and the full market commentary will be sent as soon as possible.
Buys and Sells This Week
Expect an update later this week.
Smallcap Discoveries
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Ceapro (TSX.V: CZO) Price - $0.73 Market Cap - $57M
Ceapro Inc. Reports 2022 Third Quarter and Nine-Month Financial Results and Operational Highlights
Revenue of $3.84M
Gross profit of $2.07M
Net income of $861K
Medexus Pharmaceuticals (TSX: MDP) Price - $1.79 Market Cap - $36M
Medexus Announces Strongest Quarter in Company History with Fiscal Q2 2023 Revenue of US$27.7 Million, a 55% Increase Over Fiscal Q2 2022
Revenue of $27.7M
Gross profit of $16M
Adj. EBITDA $4.2M
Operating income of $1.94M
Net loss of ($2.7M)
RIWI Corp (TSX.V: RIWI) Price - $0.53 Market Cap - $9.5M
RIWI Reports Q3 Financials; Revenue Increases 110% Versus Q2 2022 as RIWI and ROM Complete Early Integration; Recurring Revenue Grows from Syndicated Product Sales
Revenue of $773K
Net loss of ($323K)
Atlas Engineered Products (TSX.V: AEP) Price - $0.58 Market Cap - $34M
Atlas Engineered Products Announces Renewal of Normal Course Issuer Bid
Geodrill Limited (TSX: GEO) Price - $2.65 Market Cap - $124M
GEODRILL REPORTS THIRD QUARTER 2022 FINANCIAL RESULTS
Revenue of $35.2M
Gross profit of $10.9M
EBITDA of $9.3M
Net income of $3.6M
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Adcore (TSX.V: ADCO) Price - $0.255 Market Cap - $16M
Adcore Announces Renewal of Microsoft Advertising Partnership Agreement for 2023
Covalon Technologies (TSX.V: COV) Price - $2.35 Market Cap - $60M
Covalon Launches New "CLABSI Conscious" Campaign to Help Children Heal Without Infections
Crescita Therapeutics (TSX: CTX) Price - $0.66 Market Cap - $13.5M
Crescita Reports Third Quarter 2022 Results
Revenue of $6M
Gross profit of $2.93M
Adj. EBITDA of $512K
Cash $10.7M
DATA Communications (TSX: CTX) Price - $1.48 Market Cap - $65M
Data Communications Management Corp. Announces Third Quarter 2022 Financial Results
Revenue of $63.3M
Gross profit of $19.9M
Adj. EBITDA of $7.98M
Net income of $2.81M
FLYHT Aerospace Solutions (TSX.V: FLY) Price - $0.90 Market Cap - $35M
FLYHT Reports Third Quarter 2022 Results
Revenue of $6.72M
Gross profit of $4.87M
EBITDA $924K
Net income of $786K
Imaflex (TSX: IFX) Price - $1.50 Market Cap - $77.6M
Imaflex Submits ADVASEAL® Registration Package to the EPA
Kits Eyecare (TSX: KITS) Price - $2.78 Market Cap - $87M
KITS Eyecare Reports Record Third Quarter 2022 Financial Results
Revenue of $23.5M
EBITDA of $1.1M
Net income of $20K
Mimi's Rock (TSX.V: MIMI) Price - $0.15 Market Cap - $8M
Mimi's Rock Reports Q3 Results
Revenue of $10.2M
Gross margin of $7.8M
EBITDA of $0.7M
Adj. EBITDA of $1.2M
Net loss of ($55K)
Cipher Pharmaceuticals (TSX.V: CPH) Price - $3.37 Market Cap - $84.5M
Cipher Pharmaceuticals Reports Strong Third Quarter Results, Highlighted by USD$1.09 in Cash Per Share
Revenue of $4.79M
EBITDA of $2.3M
Net income of $2.7M
Cash of $27.5M
Enterprise Group (TSX: E) Price - $0.435 Market Cap - $22.6M
Enterprise Group Announces Results for Third Quarter 2022
Revenue of $5.23M
Gross profit of $1.59M
Adj. EBITDA of $862K
Net loss of ($677K)
IBEX Technologies (TSX.V: IBT) Price - $0.50 Market Cap - $12M
IBEX Reports Results for the Year Ended July 31, 2022
Q4 Revenue of $2.07M
Q4 Net income of $35K
Q4 EBITDA of $815K
FY Revenue of $7.89M
FY Net income of $1.67M
FY EBITDA of $2.76M
Cash of $7.6M
Nova Leap Health (TSX.V: NLH) Price - $0.265 Market Cap - $23M
Nova Leap Health Corp. Posts Record Adjusted EBITDA for Third Quarter 2022
Revenue of $7.14M
Adj. EBITDA of $325K
Net income of $549K
Supremex Inc (TSX: SXP) Price - $5.93 Market Cap - $154M
Supremex Announces Record Q3 2022 Results
Revenue of $67.9M
Adj. EBITDA of $15.5M
Net income of $8.1M
Free cash flow of $4.04M
Tree-Island Steel (TSX: TSL) Price - $3.55 Market Cap - $100M
Tree Island Steel Announces Third Quarter 2022 Results
Revenue of $80M
Gross profit of $14.5M
Net income of $8M
Adj. EBITDA of $12.2M
Vitalhub (TSX: VHI) Price - $2.44 Market Cap - $106M
VitalHub Reports Q3 2022 Financial Results with Record Revenue of $9.8M and Adjusted EBITDA of $2.2M
Revenue of $9.78M
Gross profit of $7.8M
EBITDA of $1.38M
Adj. EBITDA of $2.15M
Net income of $40K
ARR of $30.9M
Cash of $36M
Company Interviews & Updates
Upcoming
Topic: Greenlane Renewables (TSX: GRN) Interview with CEO Brad Douville
Time: Nov 17, 2022 01:15 PM Vancouver
Join Zoom Meeting
https://us02web.zoom.us/j/82269959958?pwd=T3QvdWhaNmo3Y2ZEeXN1azBuUjRIZz09
Meeting ID: 822 6995 9958
Passcode: 840259
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