Microbix Biosystems Future Growth

Future criteria checks 2/6

Microbix Biosystems is forecast to grow revenue at 20.1% per annum. EPS is expected to grow by 17.1% per annum.

Key information

n/a

Earnings growth rate

17.1%

EPS growth rate

Biotechs earnings growth	37.3%
Revenue growth rate	20.1%
Future return on equity	n/a
Analyst coverage	Low
Last updated	15 Feb 2024

Recent future growth updates

Microbix Biosystems Inc. (TSE:MBX) Just Reported Earnings, And Analysts Cut Their Target Price

Feb 17

Recent updates

Why Microbix Biosystems' (TSE:MBX) Earnings Are Weaker Than They Seem

Feb 21

Microbix Biosystems Inc. (TSE:MBX) Just Reported Earnings, And Analysts Cut Their Target Price

Feb 17

Microbix Biosystems Inc.'s (TSE:MBX) Shares Climb 29% But Its Business Is Yet to Catch Up

Dec 23

Is Microbix Biosystems (TSE:MBX) Using Debt Sensibly?

Nov 03

Is Microbix Biosystems (TSE:MBX) Using Debt In A Risky Way?

Jul 22

Some Shareholders Feeling Restless Over Microbix Biosystems Inc.'s (TSE:MBX) P/S Ratio

May 17

Time To Worry? Analysts Are Downgrading Their Microbix Biosystems Inc. (TSE:MBX) Outlook

Dec 27

One Microbix Biosystems Inc. (TSE:MBX) Analyst Just Made A Major Cut To Next Year's Estimates

Dec 28

Is Microbix Biosystems (TSE:MBX) A Risky Investment?

Oct 14

Microbix Biosystems Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Aug 15

A Look At The Fair Value Of Microbix Biosystems Inc. (TSE:MBX)

May 17

Most Shareholders Will Probably Find That The CEO Compensation For Microbix Biosystems Inc. (TSE:MBX) Is Reasonable

Mar 24

We Think Microbix Biosystems (TSE:MBX) Has A Fair Chunk Of Debt

Jan 29

Earnings and Revenue Growth Forecasts

TSX:MBX - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
9/30/2026	39	N/A	N/A	N/A	1
9/30/2025	29	N/A	N/A	N/A	1
9/30/2024	25	N/A	N/A	N/A	1
12/31/2023	22	4	0	1	N/A
9/30/2023	17	0	-2	-1	N/A
6/30/2023	17	-3	-2	1	N/A
3/31/2023	16	-1	-1	1	N/A
12/31/2022	17	0	1	3	N/A
9/30/2022	19	2	1	3	N/A
6/30/2022	20	3	4	5	N/A
3/31/2022	21	4	1	2	N/A
12/31/2021	20	4	1	2	N/A
9/30/2021	19	3	1	2	N/A
6/30/2021	16	-3	-1	0	N/A
3/31/2021	13	-4	0	2	N/A
12/31/2020	12	-6	-1	0	N/A
9/30/2020	11	-6	-1	0	N/A
6/30/2020	11	-1	0	1	N/A
3/31/2020	12	-1	-1	0	N/A
12/31/2019	13	0	0	0	N/A
9/30/2019	13	0	0	0	N/A
6/30/2019	13	-8	0	0	N/A
3/31/2019	13	-8	0	0	N/A
12/31/2018	12	-9	0	1	N/A
9/30/2018	13	-9	-2	-1	N/A
6/30/2018	12	-1	-2	-1	N/A
3/31/2018	11	-1	-2	-1	N/A
12/31/2017	11	-1	-2	-1	N/A
9/30/2017	10	-4	N/A	0	N/A
6/30/2017	11	-2	N/A	1	N/A
3/31/2017	10	-2	N/A	1	N/A
12/31/2016	10	-2	N/A	1	N/A
9/30/2016	10	1	N/A	1	N/A
6/30/2016	8	0	N/A	1	N/A
3/31/2016	8	0	N/A	0	N/A
12/31/2015	8	0	N/A	0	N/A
9/30/2015	9	1	N/A	1	N/A
6/30/2015	9	0	N/A	0	N/A
3/31/2015	9	0	N/A	0	N/A
12/31/2014	8	0	N/A	-1	N/A
9/30/2014	8	0	N/A	-1	N/A
6/30/2014	9	1	N/A	1	N/A
3/31/2014	8	1	N/A	1	N/A
12/31/2013	9	1	N/A	0	N/A
9/30/2013	8	0	N/A	0	N/A
6/30/2013	7	-1	N/A	-1	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if MBX's forecast earnings growth is above the savings rate (2.1%).

Earnings vs Market: Insufficient data to determine if MBX's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if MBX's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MBX's revenue (20.1% per year) is forecast to grow faster than the Canadian market (6.6% per year).

High Growth Revenue: MBX's revenue (20.1% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if MBX's Return on Equity is forecast to be high in 3 years time

Microbix Biosystems Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Microbix Biosystems Inc. (TSE:MBX) Just Reported Earnings, And Analysts Cut Their Target Price

Microbix Biosystems Inc. Provides Earnings Guidance for the Full-Year Fiscal 2024

Price target decreased to CA$1.13

Consensus forecasts updated

Consensus EPS estimates fall by 28%

Microbix Biosystems Inc. Provides Earnings Guidance for the Fiscal Year 2022

Recent updates

Microbix Biosystems Inc. Unveils Test Controls for Head and Neck Cancer

New minor risk - Insider selling

Microbix Biosystems Inc., Annual General Meeting, Mar 27, 2024

Why Microbix Biosystems' (TSE:MBX) Earnings Are Weaker Than They Seem

Microbix Biosystems Inc. (TSE:MBX) Just Reported Earnings, And Analysts Cut Their Target Price

First quarter 2024 earnings released: EPS: CA$0.018 (vs CA$0.009 loss in 1Q 2023)

Microbix Biosystems Inc. to Report Q1, 2024 Results on Feb 14, 2024

Microbix Biosystems Inc., Annual General Meeting, Mar 27, 2024

Microbix Biosystems Inc.'s (TSE:MBX) Shares Climb 29% But Its Business Is Yet to Catch Up

Full year 2023 earnings: Revenues miss analyst expectations

Microbix Biosystems Inc. Provides Earnings Guidance for the Full-Year Fiscal 2024

Is Microbix Biosystems (TSE:MBX) Using Debt Sensibly?

Third quarter 2023 earnings released: CA$0.006 loss per share (vs CA$0.005 profit in 3Q 2022)

Microbix Successfully Upgrades Logistics Software Systems Achieves “Go-Live” with New ERP and eQMS Solutions

Microbix Biosystems Inc. Presents Results of STI Test Controls at AACC

Is Microbix Biosystems (TSE:MBX) Using Debt In A Risky Way?

Microbix Biosystems Inc. Presents Results of STI Test Controls at ASM Microbe Microbe FLOQ

Some Shareholders Feeling Restless Over Microbix Biosystems Inc.'s (TSE:MBX) P/S Ratio

Second quarter 2023 earnings released: EPS: CA$0 (vs CA$0.005 in 2Q 2022)

First quarter 2023 earnings: Revenues miss analyst expectations

Microbix Biosystems Inc. Launches QAP to Support "Monkeypox" Testing

Microbix Biosystems Inc., Annual General Meeting, Mar 29, 2023

Time To Worry? Analysts Are Downgrading Their Microbix Biosystems Inc. (TSE:MBX) Outlook

Full year 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased to CA$1.13

Insufficient new directors

Microbix Biosystems Inc. Presenting Test-Workflow Validation Results At EMMD

President recently sold CA$70k worth of stock

President exercised options to buy CA$191k worth of stock.

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Consensus forecasts updated

Microbix Biosystems (TSE:MBX) Has A Pretty Healthy Balance Sheet

President exercised options to buy CA$182k worth of stock.

Microbix Biosystems Inc. Presenting Test Validation Methods at AACC

Microbix Biosystems' (TSE:MBX) Solid Profits Have Weak Fundamentals

Consensus EPS estimates fall by 28%

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Microbix Biosystems Inc. Provides Earnings Guidance for the Fiscal Year 2022

Microbix Biosystems Inc. to Present Performance Results of its Quality Assessment Product at the 2022 Clinical Virology Symposium of the American Society for Microbiology

Price target decreased to CA$1.50

Insufficient new directors

President exercised options to buy CA$206k worth of stock.

Microbix Biosystems Inc. Presents HPV Product Results at EUROGIN

Consensus forecasts updated

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased to CA$1.50

Microbix Biosystems (TSE:MBX) Seems To Use Debt Quite Sensibly

Microbix Biosystems Inc. Launches Omicron Variant Test Control

President exercised options to buy CA$274k worth of stock.

One Microbix Biosystems Inc. (TSE:MBX) Analyst Just Made A Major Cut To Next Year's Estimates

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Microbix Biosystems Inc. Launches Multiplex Respiratory PCR-Test Control

Insufficient new directors

Chief Financial Officer recently sold CA$68k worth of stock

Independent Chairman of the Board exercised options to buy CA$426k worth of stock.

Independent Director exercised options to buy CA$115k worth of stock.

Independent Director exercised options to buy CA$117k worth of stock.

Is Microbix Biosystems (TSE:MBX) A Risky Investment?

President exercised options to buy CA$107k worth of stock.

Microbix Biosystems Inc. Presenting Product Results At AACC

Microbix Biosystems Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Third quarter 2021 earnings released: EPS CA$0.013 (vs CA$0.004 loss in 3Q 2020)

Microbix Biosystems Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2021

Microbix Biosystems Inc. announced that it has received CAD 1.15 million in funding

Microbix Biosystems Inc. has completed a Composite Units Offering in the amount of CAD 5 million.

A Look At The Fair Value Of Microbix Biosystems Inc. (TSE:MBX)

Second quarter 2021 earnings released: EPS CA$0.007 (vs CA$0.002 loss in 2Q 2020)

Microbix Biosystems Inc. announced that it expects to receive CAD 1 million in funding

Independent Chairman of the Board recently bought CA$62k worth of stock