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Avricore Health Inc. (TSE:AVCR)
:AVCR
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Avricore Health (AVCR) AI Stock Analysis

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TSE:AVCR

Avricore Health

(OTC:AVCR)

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Neutral 64 (OpenAI - 4o)
Rating:64Neutral
Price Target:
Avricore Health's strong financials and strategic corporate developments are offset by high valuation concerns and neutral technical indicators. The company's financial stability and growth potential are promising, but profitability and valuation require attention.

Avricore Health (AVCR) vs. iShares MSCI Canada ETF (EWC)

Avricore Health Business Overview & Revenue Model

Company DescriptionAvricore Health Inc. engages in the health data and point-of-care technologies business in Canada. It provides HealthTab, a lab-accurate point of care testing platform for pharmacy. The company has strategic partnerships with Shoppers Drug Marts and Abbott. The company was formerly known as Vanc Pharmaceuticals Inc. and changed its name to Avricore Health Inc. in October 2018. Avricore Health Inc. was founded in 1996 and is based in Vancouver, Canada.
How the Company Makes MoneyAvricore Health generates revenue through the sale and deployment of its HealthTab platform in partnership with pharmacies and healthcare providers. The company earns money by charging fees for each test conducted on its platform and through subscription models that allow pharmacies to access and utilize the HealthTab technology. Additionally, Avricore Health benefits from strategic partnerships with leading diagnostic and pharmaceutical companies, which may provide funding or revenue-sharing opportunities to further expand its market presence. The company's revenue model is heavily reliant on the adoption of its technology by healthcare networks and the volume of diagnostic tests performed.

Avricore Health Financial Statement Overview

Summary
Avricore Health demonstrates robust financial performance with strong revenue growth and operational efficiency. The balance sheet is solid with no debt, and cash flow management is improving. However, profitability remains an area for enhancement.
Income Statement
78
Positive
Avricore Health has shown significant improvement in its revenue, with a notable growth rate of 35.42% from the previous year. The company's gross profit margin stands at 37.94%, indicating strong cost management. However, the net profit margin is relatively low at 2.18%, which suggests room for improvement in profitability. Nevertheless, the positive trend in EBIT and EBITDA margins reflects a trajectory towards operational efficiency.
Balance Sheet
85
Very Positive
The balance sheet of Avricore Health is robust, with a strong equity ratio of 82.29%, indicating a solid financial foundation. The company has no debt, reflected in a debt-to-equity ratio of 0, which significantly reduces financial risk. Return on equity is positive at 4.14%, demonstrating effective utilization of shareholders' equity.
Cash Flow
72
Positive
Avricore Health's cash flow position is improving, with a strong operating cash flow to net income ratio of 8.78, indicating efficient cash management relative to earnings. The free cash flow to net income ratio is 3.41, showing a positive trend in generating free cash flow. The company has successfully shifted from negative to positive free cash flow growth.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue3.08M4.79M3.49M1.77M122.81K33.03K
Gross Profit1.32M1.88M1.20M456.79K30.52K17.48K
EBITDA-319.72K-208.44K-275.14K-629.76K-1.64M-930.40K
Net Income-1.43M-668.98K-701.22K-818.23K-1.71M-1.17M
Balance Sheet
Total Assets1.67M2.30M2.54M2.57M2.28M440.09K
Cash, Cash Equivalents and Short-Term Investments865.19K1.14M286.57K630.53K2.01M302.71K
Total Debt0.000.0040.00K40.00K40.00K1.00M
Total Liabilities46.55K330.82K529.22K604.89K84.48K1.15M
Stockholders Equity1.62M1.97M2.01M1.96M2.20M-714.04K
Cash Flow
Free Cash Flow230.39K799.27K-386.46K-1.64M-1.37M-1.22M
Operating Cash Flow399.26K1.00M660.40K-437.83K-1.23M-1.22M
Investing Cash Flow-168.87K-205.35K-1.05M-1.21M-140.36K0.00
Financing Cash Flow70.00K56.60K42.50K253.88K3.08M1.51M

Avricore Health Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.07
Price Trends
50DMA
0.07
Negative
100DMA
0.06
Positive
200DMA
0.06
Positive
Market Momentum
MACD
>-0.01
Negative
RSI
52.16
Neutral
STOCH
86.67
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:AVCR, the sentiment is Positive. The current price of 0.07 is above the 20-day moving average (MA) of 0.07, below the 50-day MA of 0.07, and above the 200-day MA of 0.06, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 52.16 is Neutral, neither overbought nor oversold. The STOCH value of 86.67 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:AVCR.

Avricore Health Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
64
Neutral
$7.09M63.64-71.97%-31.23%
53
Neutral
C$177.04M-8.55-27.55%-1.42%35.15%
47
Neutral
C$590.95M1,744.120.05%13.82%
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:AVCR
Avricore Health
0.07
-0.10
-58.82%
TSE:BUX
BioMark Diagnostics
0.34
0.09
36.00%
TSE:TELO
Telo Genomics Corp
0.06
-0.08
-57.14%
TSE:SZLS.H
StageZero Life Sciences Ltd
0.04
0.00
0.00%
TSE:SONA
Sona Nanotech Inc
0.57
0.29
103.57%

Avricore Health Corporate Events

Product-Related AnnouncementsBusiness Operations and Strategy
Avricore Health Enhances UK Healthcare with HealthTab-PKB Integration
Positive
Jan 29, 2025

Avricore Health Inc. has successfully integrated its HealthTab™ platform with Patients Know Best (PKB), the UK’s leading patient personal health record, enhancing data accessibility across healthcare providers and patients. This collaboration supports the UK’s shift towards community-based, preventative healthcare, allowing for seamless integration of pharmacy point-of-care testing results into personal health records, ultimately improving patient outcomes and empowering healthcare teams with comprehensive health data.

Avricore Health Reports Revenue Surge and UK Expansion
Nov 29, 2024

Avricore Health Inc. reported a significant rise in revenues and profitability for the third quarter of 2024, with a 58% year-over-year revenue increase. The company is strategically expanding its HealthTab™ services in the UK, capitalizing on the region’s strong investment in pharmacy-led healthcare services.

Avricore Health Shifts Focus to UK Market
Nov 15, 2024

Avricore Health has announced a strategic pivot to focus on the growing UK healthcare market, concluding its partnership with Canada’s Shoppers Drug Mart. This move is backed by the significant NHS investment in pharmacy services, which presents a larger opportunity for their HealthTab™ platform. The company maintains a strong cash position to support this expansion and has already initiated deployment in London.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jan 31, 2025