Mednow Inc.

Mednow Inc.

MDNWF
Mednow Inc.US flagOther OTC
0.02
USD
- -
- -
517,288.00Market Cap
2020 Y
2021 Y
2022 Y
TTM
Revenue per Share
- -
0.02
0.77
1.94
Basic EPS, GAAP
-0.02
-0.49
-1.37
-1.21
Free Cash Flow per Basic Share
-0.02
-0.36
-0.89
-0.51
Dividend per Share
- -
- -
- -
- -
Book Value per Share
0.2
1.18
-0.36
-0.95
Tangible Book Value per Share
0.24
1.74
0.14
-0.38
Basic Weighted Avg Shares
22
18
22
22
Sales/Revenue/Turnover
- -
- -
17
42
Operating Margin (%)
- -
-2,173.57
-130.06
-41.64
Depreciation Expense
- -
- -
2
3
Net Income, GAAP
- -
-9
-29
-26
Effective Tax Rate (%)
- -
- -
- -
- -
Profit Margin (%)
- -
-2,162.76
-177.2
-62.2
Working Capital
5
30
- -
-10
LT Debt
- -
- -
3
4
Total Equity
5
32
6
-6
Return on Invested Capital (%)
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
Return on Common Equity (%)
- -
-68.71
- -
- -

Capital Structure

FRC

in mil. unless spec.
Oct'23
Jan'23
Apr'23
ST Debt
4
5
5
LT Borrowings
- -
- -
2
LT Finance Leases
3
2
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
22
22
22
Market Capitalization
9
5
12

Working Capital

FRC

in mil. unless spec.
Oct'23
Jan'23
Apr'23
Total Current Assets
5
6
5
Cash, Cash Equivalents & STI
2
1
1
Accounts Receivable, Net
2
3
2
Inventories
1
1
1
Total Current Liabilities
10
14
16
Payables & Accruals
5
8
9
ST Debt
4
5
5
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-81.5%
Free Cash Flow
- -
- -
189.91%
Net Income, GAAP
- -
- -
229.28%
Sales/Revenue/Turnover
- -
- -
3,919%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
1
2
6
8
17
2023
10
11
13
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
-0.02
-0.06
-0.17
- -
-0.49
2022
-0.22
-0.26
-0.26
- -
-1.37
2023
-0.21
-0.19
-0.19
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Simranveer Grewal
Full Time Employees
100
Sector
Healthcare
Industry
Medical - Healthcare Information Services
Address
595 Howe St. Vancouver BC Canada V6C 2T5
IPO Date
Jul 9, 2021
Website
mednow.ca
Business
Mednow Inc. (TSXV: MNOW; OTCQX: MDNWF) operates as a Canada-based healthcare technology company focused on virtual pharmacy, telemedicine, and related services to enhance patient access and care. Founded in 2018 and headquartered in Toronto, Ontario, the company provides a proprietary web and mobile platform enabling prescription uploads, transfers, refills, and free nationwide delivery of medications including inhalers, creams, and injectables; its signature PillSmart system packages prescriptions into labeled daily dose packs at no extra cost; virtual consultations with pharmacists and clinicians for common ailments, medication reviews, and optimizations; direct billing to private insurers and provincial plans in British Columbia and Ontario; and additional offerings such as home doctor visits, diabetes management programs, and wellness products like vitamin packs. Mednow also owns and operates retail pharmacies in British Columbia and Ontario, previously integrated subsidiaries including InfusiCare for specialty biologics and London Pharmacare for clinical services, and targets patients, caregivers, seniors, and providers across Canada with an emphasis on convenience, adherence, and interdisciplinary care. Recent developments include a December 2024 partnership with Integracare Inc. to bolster home healthcare for aging Canadians through integrated medication management, adherence support, and in-home services; a major technology update launching caregiver-focused features for multi-patient management; completion of the InfusiCare Canada acquisition in early 2025 to expand biologic drug capabilities and same-day delivery; and ongoing strategic shifts such as winding down select subsidiaries to streamline operations.

Company News

APIChatGPT
  • Mednow Restructuring to Meet Long-Term Needs of Stakeholders

  • Mednow Announces Notice Received From Secured Creditor and Plan to Work on a Transitional Plan

  • Mednow Announces Corporate Update

  • Mednow Announces Closing of Senior Secured Convertible Debenture Financing by Mednow Management

  • Mednow Announces Corporate Update

  • Mednow Announces an Update on the Wind-Down of a Subsidiary

  • Mednow Announces the Execution of Cost Reductions Through the Wind-Down of a Subsidiary

  • Mednow Announces Senior Secured Convertible Debenture Financing by Mednow Management

  • Mednow Announces Board Member Resignations

  • Mednow Announces the Execution of Cost Reductions Through the Wind-Down of Two Subsidiaries

  • Mednow Announces Closing of Senior Secured Convertible Debenture Financing by Mednow Management

  • Mednow Announces Senior Secured Convertible Debenture Financing by Mednow Management

  • Mednow Inc. to Present at LD Micro Invitational XIII

  • Mednow Inc. to Present at the Gravitas' 4th Los Angeles Summit

  • Mednow Launches New Virtual Diabetes Management Program in Partnership With Dexcom

  • Mednow to Host Quarterly Conference Call on Tuesday November 29, 2022, at 8:30am EST on its Fourth-Quarter 2022 Financial Results

  • Mednow says it is officially open to serve patients in Quebec, with its newest location serving as its pharmacy distribution center

  • Mednow disrupts the Canadian drug market as a virtual pharmacy and telemedicine powerhouse

  • Mednow subsidiary partners with non-profit company HepCURE to help eliminate hepatitis C in Canada by 2030

  • Mednow beats guidance with record 3Q results and announces Ali Reyhany as CEO