Sector: Healthcare | Industry: Pharmaceuticals |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 725 5Th Avenue, 15Th Floor, 15-01 NEW YORK NY 404100 |
Tel: | 1-949-9816274 |
Website: | https://usbimi.com |
IR: | See website |
Key People | ||
Fnu Oudom Chairman of the Board, President | Tiewei Song Chief Executive Officer, Director | Baiqun Zhong Interim Chief Financial Officer |
Business Overview |
BIMI Holdings Inc., formerly BIMI International Medical Inc., is a healthcare products and services provider. The Company offers a range of healthcare products and related services in the United States and Asia. The Company operates in four segments: wholesale pharmaceuticals, wholesale medical devices, medical services and retail pharmacy. The wholesale pharmaceuticals segment includes supplying prescription and over the counter (OTC) medicines, traditional Chinese medicines (TCM), healthcare supplies and sundry items to clinics, third party pharmacies, hospitals and other drug wholesalers. The wholesale medical devices segment distributes medical devices, including medical consumables, to private clinics, hospitals, third party pharmacies and other medical device dealers. The retail pharmacy segment sells prescription and OTC medicines, TCM, healthcare supplies and sundry items to retail customers through its directly owned pharmacies and authorized retail stores. |
Financial Overview |
For the nine months ended 30 September 2023, BIMI Holdings Inc revenues increased 8% to $11.3M. Net loss before extraordinary items decreased 92% to $1M. Revenues reflect Medical device wholesale segment increase from $576K to $1.2M, Retail pharmacy segment increase from $114K to $257K. Lower net loss reflects General and administrative decrease of 34% to $5.2M (expense), Non-operating expense decrease of 94% to $148K (expense). |
Employees: | 296 as of Dec 31, 2022 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $15.52M as of Sep 30, 2023 |
Annual revenue (TTM): | $12.63M as of Sep 30, 2023 |
EBITDA (TTM): | -$3.54M as of Sep 30, 2023 |
Net annual income (TTM): | -$10.52M as of Sep 30, 2023 |
Free cash flow (TTM): | -$2.90M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | $0.30M as of Sep 30, 2023 |
Shares outstanding: | 13,589,569 as of Jan 2, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |