Record Quarterly Revenue
The company achieved record sales of just under $8.8 million in the fourth quarter, driven by Canadian and international pharma segments.
Significant EBITDA Growth
EBITDA increased by 36% in the quarter, with the margin growing from 20% to 25% compared to the previous year.
Consistent Profitability
The company reported its 58th consecutive profitable quarter, with earnings per share growth of 17% year-over-year.
TSX Venture Recognition
BioSyent was named one of the top 50 performing TSX Venture companies in 2024, reflecting strong performance in price, volume, and value.
Dividend and Share Buybacks
The quarterly dividend was increased by 11%, and over 492,000 shares were repurchased in 2024.
Tibelia Global Acquisition
The acquisition began contributing to revenue in early 2025, with shipments totaling CAD800,000 in January and February.
New Product Developments
The company is preparing a new endocrinology product for a 2026 launch, expected to significantly contribute to revenue.