PROF Q2 2023 Earnings — Profound Medical Corp. Revenue & Financial Results | Market Cap Arena

PROFProfound Medical Corp.

$167M

Q2 2023 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$2M-20.2% YoY

Gross Profit

$1M65.5% margin

Operating Income

$6M401.7% margin

Net Income

-$7M-459.1% margin

EPS (Diluted)

$-0.35

QoQ Revenue Growth

-13.9%

Cash Flow

Operating Cash Flow

-$5M

Free Cash Flow

-$5M

Stock-Based Comp.

$842,000

Balance Sheet

Total Assets

$57M

Total Liabilities

$12M

Stockholders' Equity

$44M

Cash & Equivalents

$39M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	$2M	-20.2%
Gross Profit	$1M	$928,025	+13.1%
Operating Income	$6M	-$8M	+183.5%
Net Income	-$7M	-$6M	-25.1%