Biosyent Inc (OTCPK:BIOYF)

$ 7.35 0.16 (2.23%) Market Cap: 88.74 Mil Enterprise Value: 68.12 Mil PE Ratio: 16.90 PB Ratio: 3.45 GF Score: 98/100

Q3 2020 Biosyent Inc Earnings Call Transcript

Nov 26, 2020 / 12:00PM GMT

Transcript

RenÃ;C. Goehrum

BioSyent Inc. - Chairman, CEO & President

© -

Hello, and welcome to the BioSyent Q3 2020 Results Presentation. My name is RenÃ© Goehrum, and I'm the President and CEO of the company.

I'm going to start today's presentation with a look at our sales, EBITDA and net income after tax for the quarter ended September 30. So as you can see, our sales were just short of $5.8 million, and that was 7% below the year ago quarter. So that's made up of a couple of different elements that I just want to walk you through.

So our Canadian pharmaceutical business performed well. It was up 14% versus the year ago quarter. Our international pharmaceutical business, which is essentially selling FeraMAX oral iron supplement to customers outside of Canada, was down dramatically, down 99%.

So there's a couple of things that work there. One is that we are having some challenges in our largest market with that product, COVID related, and I'll speak to that in a couple of slides. The other is that in that quarter, the year ago quarter, our comp quarter was an

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