company background image
PRN logo

Profound Medical TSX:PRN Stock Report

Last Price

CA$11.19

Market Cap

CA$273.4m

7D

6.0%

1Y

-35.7%

Updated

19 May, 2024

Data

Company Financials +

PRN Stock Overview

Operates as a commercial-stage medical device company that develops and markets incision-free therapeutic systems for the image guided ablation of diseased tissue in Canada, Germany, the United States, and Finland.

PRN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Profound Medical Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Profound Medical
Historical stock prices
Current Share PriceCA$11.19
52 Week HighCA$20.44
52 Week LowCA$9.55
Beta0.81
1 Month Change9.17%
3 Month Change-1.76%
1 Year Change-35.73%
3 Year Change-50.51%
5 Year Change27.16%
Change since IPO-25.40%

Recent News & Updates

Recent updates

Does Profound Medical (TSE:PRN) Have A Healthy Balance Sheet?

May 03
Does Profound Medical (TSE:PRN) Have A Healthy Balance Sheet?

Is Profound Medical (TSE:PRN) Using Debt In A Risky Way?

Sep 15
Is Profound Medical (TSE:PRN) Using Debt In A Risky Way?

Will Profound Medical (TSE:PRN) Spend Its Cash Wisely?

Sep 07
Will Profound Medical (TSE:PRN) Spend Its Cash Wisely?

Here's Why We're Not Too Worried About Profound Medical's (TSE:PRN) Cash Burn Situation

Jan 07
Here's Why We're Not Too Worried About Profound Medical's (TSE:PRN) Cash Burn Situation

We Think Profound Medical (TSE:PRN) Can Easily Afford To Drive Business Growth

Jul 02
We Think Profound Medical (TSE:PRN) Can Easily Afford To Drive Business Growth

We Take A Look At Why Profound Medical Corp.'s (TSE:PRN) CEO Compensation Is Well Earned

May 13
We Take A Look At Why Profound Medical Corp.'s (TSE:PRN) CEO Compensation Is Well Earned

Analysts Expect Breakeven For Profound Medical Corp. (TSE:PRN) Before Long

May 07
Analysts Expect Breakeven For Profound Medical Corp. (TSE:PRN) Before Long

We Think Profound Medical (TSE:PRN) Can Afford To Drive Business Growth

Mar 25
We Think Profound Medical (TSE:PRN) Can Afford To Drive Business Growth

How Many Profound Medical Corp. (TSE:PRN) Shares Do Institutions Own?

Mar 04
How Many Profound Medical Corp. (TSE:PRN) Shares Do Institutions Own?

Profound Medical Corp. (TSE:PRN) Is Expected To Breakeven In The Near Future

Jan 27
Profound Medical Corp. (TSE:PRN) Is Expected To Breakeven In The Near Future

Shareholder Returns

PRNCA Medical EquipmentCA Market
7D6.0%-0.5%0.9%
1Y-35.7%-27.5%10.8%

Return vs Industry: PRN underperformed the Canadian Medical Equipment industry which returned -27.5% over the past year.

Return vs Market: PRN underperformed the Canadian Market which returned 10.8% over the past year.

Price Volatility

Is PRN's price volatile compared to industry and market?
PRN volatility
PRN Average Weekly Movement7.9%
Medical Equipment Industry Average Movement11.0%
Market Average Movement8.9%
10% most volatile stocks in CA Market17.8%
10% least volatile stocks in CA Market3.0%

Stable Share Price: PRN has not had significant price volatility in the past 3 months.

Volatility Over Time: PRN's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a131Arun Menawatwww.profoundmedical.com

Profound Medical Corp., together with its subsidiaries, operates as a commercial-stage medical device company that develops and markets incision-free therapeutic systems for the image guided ablation of diseased tissue in Canada, Germany, the United States, and Finland. Its lead product TULSA-PRO system combines magnetic resonance imaging(MRI), robotically-driven transurethral sweeping action/thermal ultrasound and closed-loop temperature feedback control to provide precise, flexible, and durable ablation of a surgeon defined region of prostate and protect the urethra and rectum. The company also offers Sonalleve, which combines real-time MRI and thermometry for the treatment of uterine fibroids, adenomyotic tissue, palliative pain treatment of bone metastases, osteoid osteoma, and management of benign tumors.

Profound Medical Corp. Fundamentals Summary

How do Profound Medical's earnings and revenue compare to its market cap?
PRN fundamental statistics
Market capCA$273.36m
Earnings (TTM)-CA$38.14m
Revenue (TTM)CA$9.87m

27.7x

P/S Ratio

-7.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PRN income statement (TTM)
RevenueUS$7.25m
Cost of RevenueUS$2.81m
Gross ProfitUS$4.44m
Other ExpensesUS$32.47m
Earnings-US$28.03m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.15
Gross Margin61.22%
Net Profit Margin-386.63%
Debt/Equity Ratio14.1%

How did PRN perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.