Spectral Medical Inc

Spectral Medical Inc

1.08
CAD
-0.01
(-0.92%)
-0.12EPS
387.31MMarket Cap
Nov 06Next Earn
Spectral Medical Inc
TSX:EDT
(Toronto Stock Exchange)

Recent

price

1.08

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CAD
0.05
0.03
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
Revenue per Share
-0.1
-0.07
-0.08
-0.09
-0.06
-0.05
-0.05
-0.02
-0.01
-0.02
-0.04
-0.03
-0.04
-0.06
-0.05
-0.17
-0.12
Basic EPS, GAAP
-0.08
-0.07
-0.07
-0.07
-0.07
-0.05
-0.05
-0.02
-0.01
-0.01
- -
-0.04
-0.04
-0.04
-0.03
-0.03
-0.03
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.2
0.17
0.09
0.04
0.05
0.03
0.03
0.01
0.03
0.01
- -
0.02
-0.01
-0.06
-0.1
-0.24
-0.24
Book Value per Share
0.19
0.16
0.09
0.04
0.05
0.03
0.03
0.01
0.03
0.01
- -
0.01
-0.01
-0.06
-0.1
-0.24
-0.24
Tangible Book Value per Share
67
91
114
128
155
188
205
207
220
226
233
252
270
279
281
287
291
Basic Weighted Avg Shares
3
2
3
3
3
3
4
4
4
3
2
2
2
2
2
2
3
Sales/Revenue/Turnover
-209.68
-266.3
-317.69
-407.19
-323.92
-293.91
-266.74
-92.4
-60.6
-166.07
-425.56
-207.36
-363.11
-528.47
-524.8
-478.5
-434.25
Operating Margin (%)
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
-6
-7
-9
-11
-9
-10
-10
-4
-2
-5
-9
-9
-11
-16
-15
-48
-36
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-214.03
-276.26
-329.97
-423.17
-320.24
-308.32
-286.29
-111.09
-64.82
-169.46
-433.03
-440.13
-676.72
-980.1
-673.75
-1,952.99
-1,391.98
Profit Margin (%)
15
18
10
5
8
4
5
2
6
2
4
8
- -
-14
-23
-61
-60
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
1
- -
- -
1
- -
5
7
LT Debt
16
19
11
6
9
5
6
3
6
2
-1
4
-3
-17
-28
-70
-70
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
-75.4
-38.57
-57.89
-138.99
-130.78
-133.64
-177.82
-92.22
-53.94
-112.63
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
17
18
19
LT Borrowings
5
5
7
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
293
293
293
Market Capitalization
421
408
387

Working Capital

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
5
4
3
Cash, Cash Equivalents & STI
4
2
1
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
66
65
62
Payables & Accruals
2
3
3
ST Debt
17
18
19
Deferred Revenue
1
1
- -

Growth Rates

CAD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-21.87%
-21.07%
153.12%
Free Cash Flow
120.38%
269.24%
9.88%
Net Income, GAAP
36.2%
54.36%
209.65%
Sales/Revenue/Turnover
-0.49%
4.85%
6.82%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1
- -
1
1
2
2025
1
1
1
- -
2
2026
1
1
- -
- -
- -

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
-0.02
-0.04
0.01
-0.05
2025
-0.04
-0.01
-0.11
-0.01
-0.17
2026
-0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Spectral Medical Inc. (EDT.TO) develops and commercializes innovative technologies for the treatment and diagnosis of septic shock and other life-threatening conditions. The company offers its proprietary Polymyxin B Hemoperfusion technology under the Toraymyxin brand, a therapeutic blood purification device that removes endotoxin from the bloodstream of patients suffering from endotoxemia and septic shock; it also provides diagnostic products including the Endotoxin Activity Assay (EAA), a rapid bedside test measuring endotoxin levels in whole blood, and the recently launched T3 EAA assay for enhanced detection accuracy. Spectral Medical operates primarily in the healthcare and medical technology sectors, targeting critical care units, hospitals, and clinicians managing sepsis patients across North America, Europe, and select Asia-Pacific markets; the company was founded in 1991 and is headquartered in Toronto, Canada. In recent developments, Spectral Medical has advanced its clinical pipeline with positive interim data from the Tigris trial in 2025, evaluating PMX in high-risk cardiac surgery patients, building momentum toward full enrollment and potential regulatory submissions. The company strengthened its strategic positioning through a renewed distribution agreement with Toray Medical Co., Ltd. in early 2025, expanding access to Toraymyxin in key international markets; additionally, it secured CAD 10 million in financing via an at-the-market equity offering in late 2024 to support ongoing R&D and commercialization efforts. Spectral Medical continues to focus on sepsis therapeutics without subsidiaries or parent affiliations, emphasizing FDA and Health Canada approvals for its core technologies.

Company News

  • Spectral Medical Announces U.S. FDA Filing of PMA Application for PMX

  • Spectral Medical Inc. Announces Results of Annual and Special Meeting of Shareholders

  • Spectral Medical Inc. (EDT:CA) Shareholder/Analyst Call Transcript

  • Spectral Medical and Vantive Announce Topline 12 Month Follow-Up Results From Spectral's Tigris Trial

  • Spectral Medical Announces PMA Submission to U.S. FDA for PMX

  • Spectral Medical Announces First Quarter 2026 Financial Results and Provides Corporate Update

  • Spectral Medical Inc. Announces Participation in the 2026 Bloom Burton & Co. Healthcare Investor Conference

  • Spectral Medical Announces Fourth Quarter and Fiscal 2025 Results and Provides Corporate Update

  • Spectral Medical and Vantive Announce Publication of Complete Results from Spectral's Tigris Trial in the Lancet Respiratory Medicine

  • Spectral Medical Provides Update on PMA Submission Timing for PMX-20R

  • Spectral Medical Inc. (EDT:CA) Discusses Year-End Update: FDA Filing Timeline, Tigris Trial Results, and Commercialization Readiness Transcript

  • Reviewing SiBone (NASDAQ:SIBN) & Spectral Diagnostics (OTCMKTS:EDTXF)

  • Spectral Medical Inc. Files Base Shelf Prospectus and Revised AIF

  • Spectral Medical Announces Publication of EDEN Observational Study

  • Spectral Medical Receives US$3 Million From Vantive

  • Spectral Medical and Vantive Announce Topline Results from Spectral's Tigris Trial Evaluating PMX Hemoadsorption Therapy for Endotoxic Septic Shock

  • Spectral Medical Announces Second Quarter and Provides Corporate Update

  • Spectral Medical Inc. Announces Filing of Base Shelf Prospectus

  • Spectral Medical Inc. Announces Results of Annual Meeting of Shareholders

  • Spectral Medical to Present at the 3rd Annual H.C. Wainwright BioConnect Investor Conference