Spectral Medical

Spectral Medical

Theranostics: Combining unique diagnostics followed by a targeted therapy. Learn more

Launch date
Employees
Market cap
$138m
Enterprise valuation
$142m (Public information from Sep 2024)
Toronto Ontario (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
CAD2018201920202021202220232024
Revenues3.8m2.9m2.1m2.1m1.7m1.6m2.0m
% growth5 %(25 %)(27 %)(2 %)(19 %)(4 %)28 %
EBITDA(2.3m)(4.4m)(8.8m)(8.3m)(9.2m)(11.9m)-
% EBITDA margin(59 %)(155 %)(418 %)(405 %)(550 %)(746 %)-
Profit(2.5m)(4.9m)(9.1m)(8.8m)(11.2m)(15.7m)-
% profit margin(65 %)(169 %)(433 %)(428 %)(675 %)(980 %)-
R&D budget<1m<1m<1m<1m<1m--
R&D % of revenue6 %8 %11 %12 %14 %--
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DateInvestorsAmountRound
N/A

N/A

IPO

$13.2m

Post IPO Equity
N/A

$10.0m

Post IPO Equity

$5.0m

Post IPO Equity
N/A

$3.0m

Post IPO Debt
*
N/A

CAD6.7m

Post IPO Convertible
*
N/A

CAD4.0m

Post IPO Equity
*
N/A

CAD5.5m

Post IPO Convertible
*
N/A

CAD8.5m

Post IPO Convertible
Total Funding-

Recent News about Spectral Medical

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More about Spectral Medicalinfo icon
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Spectral Medical is a pioneering company in the healthcare sector, focusing on theranostic solutions for endotoxic septic shock (ESS), a severe and life-threatening condition caused by systemic inflammation in response to infection. The company operates primarily in the medical diagnostics and therapeutics market, serving hospitals, healthcare providers, and patients affected by ESS. Spectral Medical's business model revolves around combining unique diagnostic tools with targeted therapies to enhance patient outcomes. The company generates revenue through the sale of its diagnostic kits and therapeutic products, as well as through partnerships and collaborations with healthcare institutions. Spectral Medical is committed to reducing the high mortality rates associated with ESS by providing innovative and effective solutions.

Keywords: theranostics, endotoxic septic shock, systemic inflammation, healthcare, diagnostics, targeted therapy, patient outcomes, medical diagnostics, therapeutic products, healthcare providers.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.