Therma Bright Inc
XTSX:THRM

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Therma Bright Inc
XTSX:THRM
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Price: 0.065 CAD Market Closed
Market Cap: CA$3.7m

Gross Margin

65.3%
Current
Declining
by 17.3%
vs 3-y average of 82.6%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
65.3%
=
Gross Profit
CA$49.1k
/
Revenue
CA$75.2k

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
65.3%
=
Gross Profit
CA$49.1k
/
Revenue
CA$75.2k

Peer Comparison

Country Company Market Cap Gross
Margin
CA
Therma Bright Inc
XTSX:THRM
4m CAD
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US
Abbott Laboratories
NYSE:ABT
189.2B USD
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US
Intuitive Surgical Inc
NASDAQ:ISRG
172B USD
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US
Stryker Corp
NYSE:SYK
137.5B USD
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US
Boston Scientific Corp
NYSE:BSX
135.6B USD
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IE
Medtronic PLC
NYSE:MDT
133.3B USD
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US
Becton Dickinson and Co
NYSE:BDX
58.7B USD
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DE
Siemens Healthineers AG
XETRA:SHL
47.1B EUR
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US
IDEXX Laboratories Inc
NASDAQ:IDXX
51B USD
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US
Edwards Lifesciences Corp
NYSE:EW
47.8B USD
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US
Resmed Inc
NYSE:RMD
36.7B USD
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Market Distribution

Higher than 83% of companies in Canada
Percentile
83rd
Based on 4 108 companies
83rd percentile
65.3%
Low
-10 058.3% — 20.4%
Typical Range
20.4% — 50.5%
High
50.5% — 717.4%
Distribution Statistics
Canada
Min -10 058.3%
30th Percentile 20.4%
Median 33.6%
70th Percentile 50.5%
Max 717.4%

Therma Bright Inc
Glance View

Market Cap
3.7m CAD
Industry
Health Care

Therma Bright, Inc. develops and markets skin care medical device products. The company is headquartered in Toronto, Ontario. The company went IPO on 2001-07-11. The firm is a developer of the AcuVid COVID-19 Rapid Antigen Saliva Test and other diagnostic and medical device technologies that help test for illnesses and assist with pain management. The firm is focused on providing consumers and medical professionals with solutions that addresses medical and healthcare challenges. The company also provides a technology that delivers non-invasive, and pain-free skincare. Its product offerings include AcuVid, which is an antigen and antibody rapid screening test for COVID-19; Venowave, is a Deep Vein Thrombosis (DVT) prevention pump specifically designed for use at home; InterceptCS, is a system that provides controlled topical heat without the risk of burning the skin; Benepod, is a hot and cold contrast therapy device for pain relief without pain relieving medication, and TherOZap, provides pain management relief using thermal therapy for insect bites and stings.

THRM Intrinsic Value
0.006 CAD
Overvaluation 91%
Intrinsic Value
Price
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
65.3%
=
Gross Profit
CA$49.1k
/
Revenue
CA$75.2k
What is Therma Bright Inc's current Gross Margin?

The current Gross Margin for Therma Bright Inc is 65.3%, which is below its 3-year median of 82.6%.

How has Gross Margin changed over time?

Over the last 3 years, Therma Bright Inc’s Gross Margin has increased from 39.6% to 65.3%. During this period, it reached a low of 39.6% on Oct 1, 2022 and a high of 100% on Oct 31, 2023.

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