Breakdown | |||||
TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
201.21K | 600.14K | 466.01K | 65.41K | 0.00 | 0.00 | Gross Profit |
-91.14K | 294.86K | -225.32K | 65.41K | 0.00 | 0.00 | EBIT |
-3.53M | -1.66M | -1.35M | -3.35M | -1.43M | -195.03K | EBITDA |
-2.63M | -1.66M | -1.30M | -3.42M | -1.43M | -176.56K | Net Income Common Stockholders |
-4.11M | -3.28M | -1.42M | -3.17M | -2.73M | -235.91K |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
502.15K | 216.86K | 14.56K | 525.24K | 3.49M | 177.17K | Total Assets |
2.20M | 329.69K | 1.51M | 2.04M | 3.59M | 319.87K | Total Debt |
130.61K | 197.72K | 809.37K | 261.34K | 320.29K | 422.00K | Net Debt |
-363.30K | -3.73K | 804.84K | -213.73K | -3.05M | 284.25K | Total Liabilities |
1.49M | 1.54M | 1.79M | 1.55M | 1.51M | 2.14M | Stockholders Equity |
742.63K | -1.17M | -247.46K | 1.08M | 2.31M | -1.82M |
Cash Flow | Free Cash Flow | ||||
-2.69M | -1.64M | -634.28K | -3.02M | -959.00K | -154.72K | Operating Cash Flow |
-2.69M | -1.64M | -634.28K | -3.02M | -931.35K | -126.91K | Investing Cash Flow |
0.00 | -325.98K | -210.64K | -1.14M | -11.38K | -27.80K | Financing Cash Flow |
4.05M | 2.16M | 374.37K | 1.27M | 4.17M | 288.65K |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
53 Neutral | $5.24B | 3.07 | -43.58% | 2.80% | 16.87% | -0.11% | |
52 Neutral | C$17.33M | ― | -244.35% | ― | -71.31% | -53.11% | |
44 Neutral | C$2.48M | ― | 2.18% | ― | -7.15% | 97.22% | |
34 Underperform | $22.51M | ― | -9999.00% | ― | ― | -50.06% | |
34 Underperform | $25.81M | ― | ― | -171.18% | 46.80% | ||
24 Underperform | C$23.43M | ― | 366.78% | ― | -35.15% | -6.59% |
AI/ML Innovations Inc. has established a Medical Advisory Board composed of leading cardiovascular experts to guide the clinical studies, regulatory strategy, and global adoption of its AI-driven ECG signal-processing solutions, MaxYield™ and CardioYield™. This strategic move aims to integrate clinical insights into AIML’s operations, enhancing product development and commercialization strategies. The company also launched a redesigned corporate website to serve as an interactive hub for stakeholders. The establishment of the board underscores AIML’s commitment to advancing AI-enhanced cardiac diagnostics and expanding its market presence.
AI/ML Innovations Inc. has submitted a 510(k) premarket notification to the U.S. FDA for its MaxYield™ platform, a cloud-native API designed to enhance ECG signal quality across various care settings. This milestone aims to improve ECG signal interpretation by reducing noise and improving waveform clarity, potentially allowing for seamless integration into digital health ecosystems. The submission builds on AIML’s previous FDA Device Master File, which could facilitate future collaborations with device manufacturers. Additionally, AIML has granted 800,000 stock options to certain directors and consultants, reflecting its ongoing commitment to innovation in AI-driven healthcare solutions.
AI/ML Innovations Inc. has appointed Michael Diamond, a prominent political strategist and public affairs leader, to its Board of Directors. This move is expected to enhance AIML’s strategic capabilities as it seeks to expand its AI-powered health technologies globally. Diamond’s expertise in public policy and business development is anticipated to help AIML navigate complex regulatory environments and form new partnerships, reinforcing the company’s commitment to growth and innovation in the AI healthcare sector.
AI/ML Innovations Inc. has restructured its acquisition agreement with Quantum Sciences Ltd. to enhance capital efficiency and simplify its revenue structure. The revised terms include a reduction in consideration shares, nullification of previously agreed royalties, and a new revenue-sharing agreement. This restructuring aligns with AIML’s strategic focus on AI-powered health solutions, aiming to streamline operations and concentrate resources on high-growth areas, thereby improving flexibility for future investments and partnerships.
AI/ML Innovations Inc. announced the departure of Tim Daniels from its Board of Directors, effective immediately. Daniels, who has been instrumental in guiding the company’s strategic direction and growth, will continue to support AIML in an advisory role. This change is part of AIML’s efforts to strengthen its leadership and advisory network to support its commercialization and strategic growth initiatives in AI-driven healthcare.
AI/ML Innovations Inc. has appointed Jared Adelstein to its Board of Directors as part of its strategic growth and commercialization efforts in the AI-powered healthcare sector. This appointment is expected to enhance the company’s governance and leadership, supporting its mission to deliver innovative AI solutions in healthcare and marking a significant step in its growth trajectory.
AI/ML Innovations Inc. has successfully closed an oversubscribed private placement, raising $2,165,900, surpassing its initial target of $2,000,000. The funds will be used for general working capital, and the strong investor participation reflects confidence in the company’s strategic direction. The company also announced modifications to existing warrants, adjusting the exercise price to $0.20, which aligns with its current financial strategies.
AI/ML Innovations Inc. announced a non-brokered private placement offering of up to 40 million units at $0.05 per unit, aiming to raise $2 million. The proceeds will be used for working capital, with each unit consisting of one common share and one warrant, exercisable into a common share at $0.15 over three years. The private placement is subject to necessary approvals, and finder’s fees will be paid to qualified finders.
AI/ML Innovations Inc. announced a proposed non-brokered private placement offering of up to 40,000,000 units at $0.05 per unit, aiming to raise up to $2,000,000. The proceeds will be used for working capital requirements, and the offering is subject to necessary approvals. This move is expected to bolster the company’s financial position and support its strategic initiatives in the AI and ML sectors.
AI/ML Innovations Inc. has announced its strategic exit from Tech2Heal, a France-based digital health company, to focus on the commercialization of its core holdings. This move allows AIML to realign its resources towards its primary subsidiaries, enhancing its market positioning in digital health innovations. The exit agreement involves relinquishing its equity position and board rights in Tech2Heal in exchange for the return of shares and equity, positioning AIML for future collaborations and growth in its core areas.
AI/ML Innovations Inc. has announced significant changes to its Board of Directors to align with its growth and commercialization goals. The appointment of Paul Duffy as Executive Chairman and Peter Kendall to the Board, along with the continued advisory roles of Mark Orsmond and Michael Nemirow, reflects the company’s strategic focus on enhancing its commercialization efforts and driving shareholder value.
AI/ML Innovations Inc. held its Annual General and Special Meeting virtually, where shareholders voted on several key resolutions. These included fixing the number of directors to four, re-electing directors Tim Daniels, Mark Orsmond, Michael Nemirow, and Drew Dundas, re-appointing Baker Tilly WM LLP as the company’s auditor, and approving the company’s Stock Option Plan and RSU/DSU Plan. The meeting’s outcomes are expected to solidify AIML’s governance structure and support its strategic focus on AI and ML-driven healthcare solutions.