Covalon Technologies Ltd.

Covalon Technologies Ltd.

COV · V · Healthcare / Medical Instruments & Supplies

4.21CAD+0.04 (+0.96%)

Price History

Full chart

Market Stats

Previous Close4.17
Open4.23
Day Range4.18 – 4.29
52-Week Range1.55 – 4.59
Volume5.55K
Market Cap109.92M
P/E (TTM)24.88
Forward P/E23.81
EPS0.16
Dividend Yield0.00%
Beta0.14
50-Day Avg2.92
200-Day Avg2.15

About

Covalon Technologies Ltd. engages in the research, development, manufacturing, and marketing of medical products in infection management, advanced wound care, and surgical procedure areas in the United States, the Middle East, Canada, Latin America, Asia, and internationally. The company's platform technologies comprises collagen matrix platform that is used to manufacture a family of products to treat chronic and infected wounds, including diabetic ulcers, pressure ulcers, venous ulcers, donor and graft sites, traumatic wounds healing by secondary intention, dehisced surgical wounds, and first and second degree burns; and antimicrobial silicone adhesive platform, which is used for family of pre- and post-surgical, and vascular access products that are designed to kill bacteria or yeast that comes into contact with the antimicrobial silicone. It also offers a medical coating platform, a process that utilizes photo-polymerization to create active grafting sites where new polymer chains are initiated and propagated from the surface of an existing medical device. In addition, the company provides advanced wound care, antimicrobial dressings, collagen dressings, IV dressings, perioperative dressings, silicone dressings, vascular access line guards, and wound dressings; and surgical, peri-operative, and infection management products. It sells its products directly and through independent distributors under the ColActive, ColActive PLUS, CovaWound, CovaView, CovaClear IV, IV Clear, SurgiClear, MediClear, and VALGuard brands. The company serves health care providers, such as hospitals, wound care centers, burn centers, extended/alternate care facilities, acute care facilities, home health care agencies, and physicians' offices. Covalon Technologies Ltd. is headquartered in Mississauga, Canada.

Company Details

  • SectorHealthcare
  • IndustryMedical Instruments & Supplies
  • CEOMr. Brent Ashton
  • Employees0
  • Headquarters1660 Tech Avenue, Mississauga, ON, Canada, L4W 5S7, Canada
  • Websitehttps://covalon.com

Leadership

  • Mr. Brent AshtonCEO & Director
  • Dr. Valerio DiTizioCo-Founder, Chief Scientific Officer & VP · b. 1968
  • Ms. Katie MartinovichChief Financial Officer
  • Ms. Kimberley CrooksCOO & Director
  • Ms. Kerri KelleyVice President of Marketing
  • Mr. Greg LeszczynskiVice President of Human Resources
  • Gerry ArambulaPresident of Covalon Technologies AG Ltd.
  • Mr. Hamed AbbasianVice President of Business Development
  • Saleha AssadzadaExecutive Assistant to the CEO

Financials

Income Statement

Currency: CAD2005-09-302006-09-302007-09-302008-09-302009-09-302010-09-302011-09-302012-09-302013-09-302014-09-302015-09-302016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Revenue-938.80K1.29M2.47M2.29M3.23M2.59M3.79M4.13M9.06M7.59M6.71M27.31M26.72M34.00M25.80M19.56M18.15M26.60M31.17M32.82M
Growth (%)--+36.95%+92.35%-7.58%+41.37%-19.90%+46.58%+8.98%+119.18%-16.25%-11.57%+306.94%-2.15%+27.25%-24.13%-24.18%-7.23%+46.56%+17.20%+5.29%
Cost of Revenue-540.28K856.41K825.73K1.19M1.85M1.28M2.33M2.05M2.48M2.83M2.56M6.30M7.06M12.18M13.31M9.86M10.65M12.23M12.24M15.34M
Gross Profit-398.52K429.27K1.65M1.09M1.38M1.31M1.46M2.09M6.58M4.76M4.15M21.01M19.66M21.82M12.49M9.70M7.49M14.36M18.93M17.47M
Gross Margin-42.45%33.39%66.61%47.85%42.60%50.58%38.61%50.53%72.65%62.68%61.86%76.94%73.59%64.17%48.40%49.57%41.29%54.00%60.74%53.24%
Operating Expense-2.72M3.84M5.39M5.97M3.42M4.92M5.13M3.10M4.14M5.51M7.12M19.20M18.05M30.07M18.58M8.86M16.64M18.85M16.78M15.71M
Operating Income-1.84M-2.32M-3.41M-3.74M-4.87M-2.04M-3.61M-3.67M-1.01M2.44M-758.16K-2.97M1.81M1.62M-8.25M-6.09M838.34K-9.14M-4.49M2.15M1.76M
Operating Margin--247.46%-265.24%-151.27%-213.29%-63.26%-139.67%-96.69%-24.37%26.96%-9.99%-44.19%6.63%6.05%-24.26%-23.61%4.29%-50.38%-16.88%6.90%5.37%
EBITDA-1.74M-2.08M-3.16M-3.39M-4.70M-1.60M-3.25M-3.64M-677.64K2.59M-516.55K-2.87M1.98M1.97M-7.62M-6.63M1.54M-8.11M-3.49M3.14M2.72M
EBITDA Margin--221.51%-245.56%-137.24%-205.78%-49.46%-125.74%-95.93%-16.39%28.59%-6.81%-42.72%7.23%7.39%-22.41%-25.70%7.87%-44.69%-13.13%10.07%8.28%
Net Income-1.86M-2.20M-3.08M-3.74M-4.87M-3.93M-3.56M-3.99M-993.17K2.40M-941.99K-3.10M1.81M1.62M-9.14M-6.95M23.48M-9.66M-4.46M2.67M2.06M
Net Income Margin--234.87%-239.28%-151.27%-213.29%-121.78%-137.63%-105.22%-24.02%26.51%-12.41%-46.12%6.63%6.05%-26.87%-26.95%120.02%-53.25%-16.77%8.57%6.27%
R&D33.31K648.58K1.05M1.22M1.09M734.95K1.09M559.49K436.12K411.68K583.82K762.85K1.13M1.42M1.36M794.24K1.14M1.10M1.37M1.59M1.32M
R&D as % of Total Revenue-69.09%81.79%49.33%47.89%22.75%42.22%14.75%10.55%4.54%7.69%11.37%4.12%5.30%4.00%3.08%5.83%6.03%5.17%5.11%4.02%
Interest Expense-4.10K3.77K------41.56K183.83K000889.14K860.16K419.38K111.59K---
Interest Expense % of Total Revenue-0.44%0.29%------0.46%2.42%0.00%0.00%0.00%2.61%3.33%2.14%0.61%---

Balance Sheet

Currency: CAD2005-09-302006-09-302007-09-302008-09-302009-09-302010-09-302011-09-302012-09-302013-09-302014-09-302015-09-302016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Assets4.50M8.79M20.24M17.29M12.87M10.32M9.32M5.96M5.67M7.96M7.63M6.49M11.97M19.71M39.61M34.70M40.58M30.38M24.90M31.81M36.12M
Total Liabilities707.83K527.43K2.65M2.28M1.93M2.75M2.31M2.73M2.72M2.43M2.84M2.68M2.99M6.58M24.68M25.59M7.21M6.15M6.11M4.30M5.40M
Total Equity3.79M8.27M17.59M15.02M10.94M7.57M7.02M3.23M2.95M5.53M4.79M3.81M8.98M13.12M14.93M9.11M33.37M24.23M18.79M27.50M30.73M
Cash644.00K5.01M6.92M3.53M6.04M5.84M4.76M1.14M633.10K3.57M1.30M1.45M4.16M5.48M9.58M3.51M22.95M14.06M8.79M16.75M17.37M
Total Debt--------516.02K660.52K846.47K--1.53M18.10M20.90M2.59M2.17M1.56M901.67K-
Net Debt-644.00K-5.01M-6.92M-3.53M-6.04M-5.84M-4.76M-1.14M-117.09K-2.91M-458.08K-1.45M-4.16M-3.96M8.52M17.40M-20.36M-11.89M-7.23M-15.85M-

Cash Flow

Currency: CAD2005-09-302006-09-302007-09-302008-09-302009-09-302010-09-302011-09-302012-09-302013-09-302014-09-302015-09-302016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Operating Cash Flow-941.80K-2.32M-146.21K-2.76M-4.67M-58.20K-3.32M-3.27M-1.49M3.10M-2.27M-1.03M15.15K-655.47K-2.83M-4.03M621.37K-7.99M-3.18M3.47M2.29M
Investing Cash Flow----------238.39K-25.91K339.43K-349.94K-740.21K-7.10M-370.41K36.37M315.30K---
Financing Cash Flow2.29M6.64M11.84M192.72K-156.34K2.46M-63.00K1.17M-90.51K893.50K893.50K3.19M2.42M13.98M-1.75M-8.25M-2.19M-2.16M4.97M-529.35K
Capital Expenditure409.30K54.81K478.91K975.77K1.74M286.24K48.98K261.45K187.70K117.88K239.70K251.71K359.70K740.09K1.28M371.09K177.66K1.08M1.32M416.83K847.02K
Free Cash Flow-1.35M-2.38M-625.12K-3.74M-6.40M-344.44K-3.37M-3.54M-1.67M2.98M-2.51M-1.28M-344.55K-1.40M-4.11M-4.40M443.71K-9.08M-4.50M3.06M1.44M
Dividends Paid--------------0001.60M---
FCF to OCF143.46%102.36%427.55%135.31%137.20%591.81%101.47%107.99%112.63%96.20%110.57%124.54%-2274.73%212.91%145.43%109.22%71.41%113.53%141.35%88.00%63.00%
Dividend Paid to FCF--------------0.00%0.00%0.00%-17.64%---

Earnings

Report DateMar 1, 2007May 17, 2007Jun 30, 2007Sep 30, 2007Dec 31, 2007Mar 31, 2008Jun 30, 2008Sep 30, 2008Dec 31, 2008May 28, 2009Aug 28, 2009Sep 30, 2009Jan 28, 2010May 27, 2010Aug 23, 2010Sep 30, 2010Feb 28, 2011May 27, 2011Aug 29, 2011Sep 30, 2011Mar 30, 2012May 28, 2012Aug 28, 2012Sep 30, 2012Mar 1, 2013May 30, 2013Jun 30, 2013Sep 30, 2013Dec 31, 2013Mar 31, 2014Jun 30, 2014Sep 30, 2014Dec 31, 2014Mar 31, 2015Jun 30, 2015Sep 30, 2015Dec 31, 2015Mar 31, 2016Jun 30, 2016Sep 30, 2016Dec 31, 2016May 29, 2017Aug 21, 2017Dec 18, 2017Feb 12, 2018May 28, 2018Aug 28, 2018Dec 17, 2018Feb 26, 2019May 28, 2019Aug 27, 2019Sep 30, 2019Jan 28, 2020Mar 31, 2020Jul 14, 2020Sep 30, 2020Mar 1, 2021May 31, 2021Aug 30, 2021Dec 13, 2021Mar 1, 2022May 30, 2022Aug 29, 2022Dec 31, 2022Feb 22, 2023May 25, 2023Aug 16, 2023Sep 30, 2024Feb 21, 2025May 28, 2025Aug 21, 2025Dec 11, 2025Feb 25, 2026May 21, 2026Aug 27, 2026Dec 17, 2026
EPS Estimate--------------------------------------------------0.04-0.02--------0.02--------0.05-0.030.010.04-0.040.040.020.020.04
EPS Actual-0.10-0.09-0.13-0.24-0.09-0.13-0.07-0.22-0.18-0.20-0.16-0.11-0.06-0.28-0.09-0.10-0.08-0.06-0.16-0.17-0.10-0.07-0.09-0.22-0.09-0.060.030.010.170.02-0.01-0.10-0.020.01-0.01-0.090.02-0.10-0.01-0.110.030.020.020.010.02-0.020.09-0.03-0.09-0.01-0.16-0.14-0.05-0.150.01-0.08-0.010.02-0.160.86-0.06-0.10-0.06-0.16-0.02-0.03-0.020.020.040.020.000.010.010.040.10-
Surprise-------------------------------------------------75.00%-700.00%--------700.00%---------60.20%233.33%100.00%-100.00%125.00%-75.00%100.00%400.00%-
Timing-Pre-market-------After-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursPre-market-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hours---------------After-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hours-After-hours-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap109.92M
Enterprise Value91.94M
Trailing P/E24.88
Forward P/E23.81
PEG Ratio0.00
Price / Sales3.20
Price / Book3.48
EPS0.16
Book Value1.14
Revenue (TTM)34.35M
Gross Profit (TTM)20.56M
EBITDA4.05M
Profit Margin12.78%
Operating Margin27.16%
Return on Equity14.33%
Return on Assets6.87%
Shares Outstanding27.62M
Shares Float14.94M
Beta0.14
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio93.75%

Dividends

20251×
0.15Nov 4, 2025

Stock Splits

  • Jul 16, 20131:10