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MediPharm Labs TSX:LABS Stock Report

Last Price

CA$0.08

Market Cap

CA$32.3m

7D

-5.9%

1Y

-11.1%

Updated

16 Apr, 2024

Data

Company Financials +

LABS Stock Overview

MediPharm Labs Corp., a pharmaceutical company, produces and sells pharmaceutical-quality cannabis oil and concentrates, and advanced derivative products in Canada and internationally.

LABS fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance0/6
Financial Health6/6
Dividends0/6

MediPharm Labs Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MediPharm Labs
Historical stock prices
Current Share PriceCA$0.08
52 Week HighCA$0.10
52 Week LowCA$0.055
Beta0.97
1 Month Change14.29%
3 Month Change14.29%
1 Year Change-11.11%
3 Year Change-82.98%
5 Year Change-98.68%
Change since IPO-96.36%

Recent News & Updates

Market Might Still Lack Some Conviction On MediPharm Labs Corp. (TSE:LABS) Even After 31% Share Price Boost

Mar 23
Market Might Still Lack Some Conviction On MediPharm Labs Corp. (TSE:LABS) Even After 31% Share Price Boost

Does MediPharm Labs (TSE:LABS) Have A Healthy Balance Sheet?

Jan 10
Does MediPharm Labs (TSE:LABS) Have A Healthy Balance Sheet?

Recent updates

Market Might Still Lack Some Conviction On MediPharm Labs Corp. (TSE:LABS) Even After 31% Share Price Boost

Mar 23
Market Might Still Lack Some Conviction On MediPharm Labs Corp. (TSE:LABS) Even After 31% Share Price Boost

Does MediPharm Labs (TSE:LABS) Have A Healthy Balance Sheet?

Jan 10
Does MediPharm Labs (TSE:LABS) Have A Healthy Balance Sheet?

MediPharm Labs (TSE:LABS) Has Debt But No Earnings; Should You Worry?

Sep 06
MediPharm Labs (TSE:LABS) Has Debt But No Earnings; Should You Worry?

MediPharm Labs Corp. (TSE:LABS) Stocks Shoot Up 27% But Its P/S Still Looks Reasonable

Apr 17
MediPharm Labs Corp. (TSE:LABS) Stocks Shoot Up 27% But Its P/S Still Looks Reasonable

Time To Worry? Analysts Just Downgraded Their MediPharm Labs Corp. (TSE:LABS) Outlook

Aug 20
Time To Worry? Analysts Just Downgraded Their MediPharm Labs Corp. (TSE:LABS) Outlook

Some Analysts Just Cut Their MediPharm Labs Corp. (TSE:LABS) Estimates

May 21
Some Analysts Just Cut Their MediPharm Labs Corp. (TSE:LABS) Estimates

Things Look Grim For MediPharm Labs Corp. (TSE:LABS) After Today's Downgrade

Apr 06
Things Look Grim For MediPharm Labs Corp. (TSE:LABS) After Today's Downgrade

Is MediPharm Labs (TSE:LABS) Using Too Much Debt?

Mar 07
Is MediPharm Labs (TSE:LABS) Using Too Much Debt?

Does MediPharm Labs (TSE:LABS) Have A Healthy Balance Sheet?

Aug 18
Does MediPharm Labs (TSE:LABS) Have A Healthy Balance Sheet?

Some MediPharm Labs Corp. (TSE:LABS) Analysts Just Made A Major Cut To Next Year's Estimates

May 23
Some MediPharm Labs Corp. (TSE:LABS) Analysts Just Made A Major Cut To Next Year's Estimates

Reflecting on MediPharm Labs' (TSE:LABS) Share Price Returns Over The Last Year

Jan 11
Reflecting on MediPharm Labs' (TSE:LABS) Share Price Returns Over The Last Year

Shareholder Returns

LABSCA PharmaceuticalsCA Market
7D-5.9%-9.9%-3.0%
1Y-11.1%46.0%3.2%

Return vs Industry: LABS underperformed the Canadian Pharmaceuticals industry which returned 44.4% over the past year.

Return vs Market: LABS underperformed the Canadian Market which returned 3.9% over the past year.

Price Volatility

Is LABS's price volatile compared to industry and market?
LABS volatility
LABS Average Weekly Movement14.3%
Pharmaceuticals Industry Average Movement14.1%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.3%
10% least volatile stocks in CA Market3.1%

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

Volatility Over Time: LABS's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
2015166David Pidduckwww.medipharmlabs.com

MediPharm Labs Corp., a pharmaceutical company, produces and sells pharmaceutical-quality cannabis oil and concentrates, and advanced derivative products in Canada and internationally. The company formulates, processes, packages, and distributes cannabis extracts and advanced cannabinoid-based products. It also provides GMP flower sourcing, packaging, and distribution services, as well as dried flower and pre-roll products.

MediPharm Labs Corp. Fundamentals Summary

How do MediPharm Labs's earnings and revenue compare to its market cap?
LABS fundamental statistics
Market capCA$32.32m
Earnings (TTM)-CA$13.08m
Revenue (TTM)CA$33.06m

1.0x

P/S Ratio

-2.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LABS income statement (TTM)
RevenueCA$33.06m
Cost of RevenueCA$24.96m
Gross ProfitCA$8.10m
Other ExpensesCA$21.18m
Earnings-CA$13.08m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.032
Gross Margin24.50%
Net Profit Margin-39.57%
Debt/Equity Ratio4.0%

How did LABS perform over the long term?

See historical performance and comparison
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