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Aurora Spine Corp (TSE:ASG)
:ASG
Earnings Data
Report Date
May 21, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
>-0.01Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 29, 2025
|% Change Since: -18.92%
|Next Earnings Date:May 21, 2025
Earnings Call Sentiment|Neutral
The earnings call highlights significant revenue growth, product success, and gross margin improvements. However, these positives are tempered by increased operating expenses, a fourth-quarter EBITDAC decline, and a sustained net loss. While Aurora's product portfolio shows promise, financial challenges remain.Company Guidance
During the Aurora Spine Fourth Quarter and Fiscal Year 2024 Results Conference Call, a comprehensive financial and operational overview was provided. The company reported a 21% increase in revenue for 2024, reaching $17.56 million compared to $14.52 million in 2023. Notably, the SiLO-TFX system saw a remarkable 135% increase in revenue, contributing significantly to this growth. The ZIP series, particularly ZIP-51, experienced a 69% increase in sales. Gross margins improved to 60.5% for the fiscal year, up from 56.5% in 2023, attributed to the focus on proprietary products and better pricing strategies. Operating expenses rose to $11.438 million, driven by increased sales personnel and training costs. EBITDAC for 2024 turned positive at $0.28 million, a significant improvement from a negative $0.31 million in 2023. Net loss for the year reduced to $1.003 million from $1.68 million in 2023. The company ended the quarter with $0.826 million in cash, and management expressed confidence in their capital structure to meet budgetary needs, focusing on profitability and continued growth with new product launches and clinical studies.Revenue Growth
Aurora Spine reported a 21% increase in revenue for fiscal year 2024, reaching $17.56 million compared to $14.52 million in 2023.
SiLO-TFX System Success
The SiLO-TFX system experienced a 135% increase in revenues, attributed to higher adoption and increased training sessions.
ZIP Series Performance
ZIP-51 saw a 69% increase in sales during 2024, emphasizing the product's market acceptance.
Gross Margin Improvement
Gross margins improved to 60.5% for fiscal year 2024, up from 56.5% in 2023.
Launch of AERO Fusion System
Aurora launched the AERO Fusion system in March 2025, with initial surgeries anticipated in the latter half of 2025.
Positive EBITDAC
For the first time, Aurora Spine achieved a full year of positive EBITDAC, totaling $0.28 million for fiscal 2024.
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TSE:ASG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:ASG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 29, 2025 | C$0.37 | C$0.35 | -5.41% |
Oct 24, 2024 | C$0.40 | C$0.46 | +15.00% |
Aug 21, 2024 | C$0.28 | C$0.28 | 0.00% |
May 14, 2024 | C$0.28 | C$0.28 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Aurora Spine Corp (TSE:ASG) report earnings?
Aurora Spine Corp (TSE:ASG) is schdueled to report earning on May 21, 2025, TBA Not Confirmed.
What is Aurora Spine Corp (TSE:ASG) earnings time?
Aurora Spine Corp (TSE:ASG) earnings time is at May 21, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:ASG EPS forecast?
Currently, no data Available
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