| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 154.90K | 154.22K | 163.22K | 153.49K | 43.93K | 0.00 |
| Gross Profit | 154.90K | 154.22K | 163.22K | -232.70K | 43.93K | -13.69K |
| EBITDA | -1.22M | -1.46M | -919.05K | -1.35M | -1.22M | -1.08M |
| Net Income | -1.72M | -1.93M | -1.43M | -1.84M | -1.45M | -1.09M |
Balance Sheet | ||||||
| Total Assets | 2.66M | 3.13M | 1.09M | 732.29K | 1.47M | 952.94K |
| Cash, Cash Equivalents and Short-Term Investments | 2.09M | 2.48M | 156.75K | 72.04K | 382.71K | 877.68K |
| Total Debt | 359.19K | 454.16K | 805.93K | 823.87K | 1.05M | 119.32K |
| Total Liabilities | 1.33M | 1.39M | 1.70M | 1.88M | 2.11M | 1.03M |
| Stockholders Equity | 1.33M | 1.74M | -609.61K | -1.15M | -635.69K | -79.09K |
Cash Flow | ||||||
| Free Cash Flow | -1.06M | -1.10M | -986.91K | -919.72K | -1.26M | -455.55K |
| Operating Cash Flow | -1.06M | -1.09M | -982.52K | -914.42K | -1.20M | -455.55K |
| Investing Cash Flow | -1.89M | -3.53K | -4.39K | -5.30K | -59.20K | -3.20K |
| Financing Cash Flow | 3.01M | 3.42M | 1.07M | 609.05K | 768.16K | 724.63K |
BioMark Diagnostics Inc. has been selected to participate in the HANSE lung cancer screening trial in Germany, marking a significant milestone for the company. This collaboration, part of an international consortium under the EUREKA Network, involves a comprehensive study of 10,000 participants to validate BioMark’s liquid biopsy platform. The trial aims to enhance early lung cancer detection and reduce unnecessary procedures, with BioMark playing a crucial role as the core diagnostic partner. Success in this trial is expected to bolster BioMark’s regulatory and commercial strategies in North America and Europe, positioning the company as a key player in the global early cancer detection market.
The most recent analyst rating on (TSE:BUX) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on BioMark Diagnostics stock, see the TSE:BUX Stock Forecast page.
BioMark Diagnostics Inc. has secured key patents in China and Japan for its innovative liquid biopsy platform designed for early lung cancer detection. This strategic milestone enhances BioMark’s intellectual property portfolio and positions the company to capture significant market share in Asia’s rapidly growing liquid biopsy sector, with potential for expansion, technology licensing, and strategic partnerships.
The most recent analyst rating on (TSE:BUX) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on BioMark Diagnostics stock, see the TSE:BUX Stock Forecast page.
BioMark Diagnostics has announced a strategic partnership with SAMA CONSULTING SARL to introduce its liquid biopsy platform for lung cancer detection in Tunisia and potentially expand across North Africa. This collaboration aims to address the high mortality rate from lung cancer in the region by using BioMark’s advanced technology, starting with a proof-of-concept trial in October 2025. The partnership signifies BioMark’s strategic entry into the North African market, leveraging SAMA’s local expertise to facilitate rapid implementation and regulatory compliance, with potential expansion to other countries in the region.
BioMark Diagnostics Inc. has announced the expansion of its specialty laboratory services in Quebec, which includes the acquisition of advanced equipment that doubles its testing capacity. This strategic move is set to accelerate the commercialization of its metabolomic-based lung cancer diagnostic assay, addressing the increasing global demand for non-invasive liquid biopsy diagnostics. The expansion positions BioMark as a central hub for innovation and high-throughput diagnostics, facilitating international partnerships and enhancing research capabilities. This development supports BioMark’s vision of scalable growth, enabling broader deployment strategies through clinical partnerships and expanding its contract research programs, ultimately enhancing long-term shareholder value.
BioMark Diagnostics Inc. announced its fiscal year 2025 achievements and strategic milestones for 2025-2026, showcasing resilience in a challenging funding environment for biotechnology firms. The company secured CAD $4.26 million through a private placement, maintained investor confidence, and achieved significant progress across its strategic pillars, including financial strength, operational advancements, lab certification, and strategic collaborations. Key milestones for the upcoming year include expanding laboratory capacity, completing a pivotal lung cancer clinical trial, and launching commercial operations for its lung cancer assay in Quebec, with plans to secure CLIA certification for U.S. market entry by early 2026.