Sector: Healthcare | Industry: Biotechnology & Medical Research |
Company Contact | |
Address: | 605 - 130 Brew Street PORT MOODY BC V3H 0E3 |
Tel: | N/A |
Website: | https://havnlife.com |
IR: | See website |
Key People | ||
Tim Moore Director and Chief Executive Officer | Ricky Brar Vice Chairman of the Board, Independent Director | Gordon Clissold Chief Financial Officer |
Jenna Pozar Chief Operating Officer | Gary Joseph Leong Chief Scientific Officer | Ivan Casselman Chief Psychedelics Office | Alexzander Samuelsson Chief Research Officer |
Business Overview |
HAVN Life Sciences Inc. is a Canada-based biotechnology company. The Company is engaged in the scientific research and development of psychopharmacological and natural health care products. It is focused on standardizing extraction of psychoactive compounds, the development of natural health products, and developing mental health treatments to support brain health and enhance the capabilities of the mind. The Company has two business divisions: HAVN Labs and HAVN Retail. The HAVN Labs division is engaged in the development of research protocols to cover the production of Psilocybe spp. Through its research division, HAVN Labs, it has developed an end-to-end supply chain of GMP naturally derived psychedelic compounds for research. The HAVN Retail division formulates and sells natural health products (NHPs) using compounds. It offers a full range of mushroom and plant extracts that help boost immune function, reduce inflammation and support a healthy lifestyle. |
Financial Overview |
For the nine months ended 31 January 2023, HAVN Life Sciences Inc revenues increased from C$60K to C$371K. Net loss decreased 61% to C$4.3M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Share-based payments decrease of 86% to C$222K (expense), Investor relations and marketing decrease of 79% to C$282K (expense). |
Employees: | 6 as of Apr 30, 2021 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $0.19M as of Jan 31, 2023 |
Annual revenue (TTM): | $0.59M as of Jan 31, 2023 |
EBITDA (TTM): | -$4.65M as of Jan 31, 2023 |
Net annual income (TTM): | -$15.71M as of Jan 31, 2023 |
Free cash flow (TTM): | -$2.61M as of Jan 31, 2023 |
Net Debt Last Fiscal Year: | $0.01M as of Jan 31, 2023 |
Shares outstanding: | 28,646,020 as of Nov 3, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |