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Showing posts from March, 2017

Bought RX.V

Revenue up 16% versus 2015. 2016 Fully Diluted EPS was $0.30 as compared to $0.26 in 2015. As at December 31, 2016, the Company had cash, cash equivalents, and short term investments totalling $13,739,286 as compared to $9,715,476 as at December 31, 2015 - a 41% increase. Cash and cash equivalents $13,056,086 vs $4,392,617 - 197% increase. However, this could be deceptive as it looks like cash grew due to sale of short term investments. Shares outstanding is 14,401,087. Cash, cash equivalents, and short term investments totalling $13,739,286 almost equal to number of shares. No debts. Price yesterday closed at $7.35. When earnings was announced this morning, price went up to $8 or 8.84%. Closed at $7.47. Bought at $7.50 using limit order good till cancelled but was filled right away even though ask price was $7.6 to $7.75. It may be irrelevant but should have probably tried limit order at bid price. Volume was high today due to earnings release. Did not really follow the

BioSyent Releases Results for Fourth Quarter and Full Year 2016

TORONTO, ONTARIO--(Marketwired - Mar 15, 2017) - BioSyent Inc. ("BioSyent") (TSX VENTURE:RX) released today a summary of its financial results for the three and twelve months ended December 31, 2016. Key highlights include: 2016 Net Revenues of $17,922,270 increased by 16% versus 2015  Fourth quarter (Q4) 2016 Net Revenues of $5,009,668 a record quarter for the Company, increased by 30% versus Q4 2015  2016 Pharmaceutical Net Revenues of $16,663,159 increased by 16% versus 2015  Q4 2016 Pharmaceutical Net Revenues of $4,922,773 increased by 30% versus Q4 2015  2016 EBITDA 1  of $5,900,080 increased by 15% versus 2015  Q4 2016 EBITDA 1  of $1,591,047 increased by 58% versus Q4 2015  2016 Net Income After Tax (NIAT) of $4,309,505 increased by 14% versus 2015  2016 NIAT percentage to Net Revenues was 24% as compared to 24% in 2015  Q4 2016 NIAT of $1,094,822 increased by 44% versus Q4 2015  Q4 2016 NIAT percentage to Net Revenues of 22% compares to 20% in Q4 2015  2