Sector: Consumer Non-Cyclicals | Industry: Household Products |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 771 Jamacha Road #512 EL CAJON CA 92019 |
Tel: | 1-619-5968600 |
Website: | https://www.purebio.com |
IR: | See website |
Key People | ||
Robert Bartlett President, Chief Executive Officer, Director | Tom Richard Myers Executive Vice President - Technology and Development, Director |
Business Overview |
PURE Bioscience, Inc. is focused on developing and commercializing its proprietary antimicrobial products primarily in the food safety arena. The Company provides solutions to combat the health and environmental problems of pathogen and hygienic control. Its technology platform is based on patented, stabilized ionic silver, and its initial products contain silver dihydrogen citrate (SDC). SDC is a broad-spectrum, non-toxic antimicrobial agent, which offers residual protection and formulates with other compounds. The Company offers PURE Hard Surface as a food contact surface sanitizer and disinfectant to restaurant chains, food processors and food transportation companies. It also offers PURE Control as a direct food contact processing aid. It also manufactures and sells SDC-based products for end use, products preserved with SDC and SDC as a raw material ingredient for manufacturing use. The Company sells its products directly and indirectly through third-party distributors. |
Financial Overview |
For the six months ended 31 January 2024, PURE Biosciences Inc revenues increased 21% to $1M. Net loss decreased 15% to $1.7M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects MISCELLANEOUS CHEMICAL PRODUCTS segment loss decrease of 2% to $964K. Basic Earnings per Share excluding Extraordinary Items remained flat at -$0.02. |
Employees: | 11 as of Oct 30, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $12.37M as of Jan 31, 2024 |
Annual revenue (TTM): | $2.06M as of Jan 31, 2024 |
EBITDA (TTM): | -$3.14M as of Jan 31, 2024 |
Net annual income (TTM): | -$3.65M as of Jan 31, 2024 |
Free cash flow (TTM): | -$2.73M as of Jan 31, 2024 |
Net Debt Last Fiscal Year: | $1.31M as of Jan 31, 2024 |
Shares outstanding: | 111,856,473 as of Mar 18, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |