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Rhinomed Limited

RHNMF•PNK
Healthcare
Medical - Devices
$0.02
$0.002(12.43%)
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Over the last four quarters, Rhinomed Limited achieved steady financial progress, growing revenue from $1.87M in Q1 2023 to $4.09M in Q4 2023. Gross profit stayed firm with margins at 9% in Q4 2023 versus 71% in Q1 2023. Operating income totaled -$4.84M in Q4 2023, maintaining a -118% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at -$4.44M. Net income dropped to -$6.25M, with EPS at -$0.02. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.

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