Sector: Healthcare | Industry: Medical Equipment, Supplies & Distribution |
Company Contact | |
Address: | 20 HOLLY STREET, SUITE 300 TORONTO ON M4S 3B1 |
Tel: | N/A |
Website: | https://www.aurora-spine.com |
IR: | See website |
Key People | ||
Trent J. Northcutt President, Chief Executive Officer, Director | Chad Clouse Chief Financial Officer |
Business Overview |
Aurora Spine Corporation is a designer and manufacturer of medical devices. The Company is engaged in the development and distribution of minimally invasive, interspinous fusion systems and devices. Its product line includes implants, surgical tools and biologics. Its implants include Cervical Products, Thoraco-Lumbar Products, and SI joint products. The surgical tools include Anterior Disc Prep, Posterior Disc Prep and Compass 4D Retractor System. The biologics consist of ZIP Graft and SiLO Si-Fusion. The Company is focused on DEXA technology, which opens up treatment for osteoporotic patients. It offers DEXA-C Cervical Implants Featuring Visual Density Markers, and DEXA -L Standalone Anterior Lumbar Interbody Fusion System. |
Financial Overview |
For the fiscal year ended 31 December 2023, Aurora Spine Corp revenues decreased 2% to $14.5M. Net loss increased 12% to $1.7M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Salaries increase of 28% to $3.1M (expense), Consulting fees increase of 46% to $572K (expense), Amortization increase from $13K to $128K (expense). |
Employees: | 13 as of Mar 31, 2013 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $21.63M as of Dec 31, 2023 |
Annual revenue (TTM): | $19.87M as of Dec 31, 2023 |
EBITDA (TTM): | -$0.61M as of Dec 31, 2023 |
Net annual income (TTM): | -$2.30M as of Dec 31, 2023 |
Free cash flow (TTM): | -$1.94M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $3.94M as of Dec 31, 2023 |
Shares outstanding: | 70,771,022 as of Feb 9, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |