Profound Medical Corp (TSX:PRN)
C$ 10.58 +0.71 (+7.28%) Market Cap: 380.09 Mil Enterprise Value: 319.28 Mil PE Ratio: 0 PB Ratio: 4.66 GF Score: 68/100

Q2 2025 Profound Medical Corp Earnings Call Transcript

Aug 14, 2025 / 08:30 PM GMT
Release Date Price: C$7.54 (-0.40%)

Key Points

Positve
  • Profound Medical Corp (PROF) achieved a gross margin of 73% in Q2 2025, up from 64% in Q2 2024.
  • The company has a strong pipeline with close to 500 prospects in the targeting stage for Tulsa Pro sales.
  • The Captain trial is fully recruited with 212 patients, surpassing the target and showing promising initial outcomes.
  • The new Tulsa AI volume reduction software for BPH procedures is on track for a full commercial launch, offering significant procedural time reductions.
  • Profound Medical Corp (PROF) has a stable cash position with $35.2 million as of June 30, 2025.
Negative
  • Q2 2025 revenue was below expectations, largely due to short-term delays in completing Tulsa Pro capital sales.
  • The company recorded a net loss of $15.7 million in Q2 2025, compared to a net loss of $6.9 million in Q2 2024.
  • Operating expenses increased significantly to $15.4 million in Q2 2025 from $9.3 million in Q2 2024.
  • The transition from a placement model to a capital model has been challenging, leading to a back-end loaded operation.
  • There is uncertainty regarding the final outcomes of the Captain trial and its impact on future guidelines and reimbursement coverage.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

PRN.TO - Profound Medical Corp
Q2 2025 Profound Medical Corp Earnings Call
Aug 14, 2025 / 08:30PM GMT

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Presentation
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Unidentified_1 [1]
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Good day everyone and thank you for standing by. Welcome to the profounded 2nd quarter 2025 financial results conference call. At this time, all participants are on a listen-only mode. After the speaker's presentation, there'll be a question and answer session. Just a question during the session, you will need to press 11 on your telephone. You will then hear an automated message advising your hand is raised. Please note that today's conference is being recorded. I will now hand the conference over to your speaker host Steven Kilmer, head ofations. Please go ahead.

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Unidentified_2 [2]
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