Biomerica, Inc., a biomedical technology company, develops, patents, manufactures, and markets diagnostic and therapeutic products for the detection and/or treatment of medical conditions and diseases worldwide. The company's diagnostic test kits are used to analyze blood, urine, nasal or fecal specimens from patients in the diagnosis of various diseases, food intolerances, and other medical complications; or to measure bacteria, hormones, antibodies, antigens, or other substances which may exist in the human body, stools, or blood in extremely small concentrations. It primarily sells its products for gastrointestinal diseases, food intolerances, and various esoteric tests at the physicians' offices and over-the-counter drugstores, and hospital/clinical laboratories. The company is also developing InFoods IBS, that uses a simple blood sample to identify patient-specific foods which may alleviate irritable bowel syndrome symptoms; and H. Pylori diagnostic test that indicates if a patient is infected with the H. Pylori bacteria. In addition, it develops products to indicate if a person has been infected by COVID-19. Biomerica, Inc. was incorporated in 1971 and is headquartered in Irvine, California.
Stock data | 2023 | Change |
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Price | $0.311 | N/A |
Market Cap | $4.40M | N/A |
Shares Outstanding | 14.15M | 11.69% |
Employees | 62.00 | N/A |
Shareholder Equity | 11.72M | 40.83% |
Valuation | 2023 | Change |
---|---|---|
P/E Ratio | -0.62 | N/A |
P/S Ratio | 0.82 | N/A |
P/B Ratio | 0.38 | N/A |
Growth | 2023 | Change |
---|---|---|
Return on Equity | -0.6090 | N/A |
Earnings | 2023 | Change |
---|---|---|
Revenue | $5.34M | N/A |
Earnings | -$7.14M | N/A |
EPS | -0.5 | N/A |
Earnings Yield | -1.61 | N/A |
Gross Margin | 0.0835 | N/A |
Operating Margin | -1.35 | N/A |
Net income margin | -1.34 | N/A |
Financial Strength | 2023 | Change |
---|---|---|
Total Assets | $14.45M | N/A |
Total Debt | $1.08M | N/A |
Cash on Hand | $9.72M | N/A |
Debt to Equity | 0.2329 | -36.42% |
Cash to Debt | $8.98 | 109.34% |
Current Ratio | $6.58 | 40.35% |