Company profile

Ticker
BMRA
Exchange
CEO
Zackary S. Irani
Employees
Incorporated in
Location
Fiscal year end
SEC CIK
IRS number
952645573

BMRA stock data

(
)

Calendar

15 Oct 19
20 Nov 19
31 May 20

News

Company financial data Financial data

Quarter (USD) Aug 19 May 19 Feb 19 Nov 18
Revenue 1.19M 1.17M 1.26M 1.5M
Net income -506.3K -785.33K -678.75K -477.24K
Diluted EPS -0.05 -0.08 -0.07 -0.05
Net profit margin -42.39% -67.36% -53.82% -31.80%
Operating income -509.56K -764.82K -707.25K -485.94K
Net change in cash 120.77K -231.15K -206.98K 541.22K
Cash on hand 807.55K 686.79K 917.94K 1.12M
Cost of revenue 827.11K 985.05K 895.24K 1.09M
Annual (USD) May 19 May 18 May 17 May 16
Revenue 5.2M 5.56M 5.79M 5.14M
Net income -2.39M -1.47M -908.56K -1.5M
Diluted EPS -0.26 -0.17 -0.11 -0.2
Net profit margin -46.01% -26.34% -15.69% -29.18%
Operating income -2.41M -1.48M -954.63K -826.95K
Net change in cash -518.12K -20.56K -663.46K 800.62K
Cash on hand 686.79K 1.2M 1.23M 1.89M
Cost of revenue 3.91M 3.81M 3.77M 3.62M

Financial data from Biomerica earnings reports

Financial report summary

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Management Discussion
  •       Consolidated net sales for Biomerica were $1,194,415 for the three months ended August 31, 2019 as compared to $1,272,870 for the same period in the previous year. This represents a decrease of $78,455, or 6.2%. The decrease was primarily due to decreased sales of approximately $91,000 in Europe which was due to lower sales to certain distributors and timing of certain orders. This was partially offset by an increase in Asia of approximately $15,000. Sales in the U.S. were down by approximately $28,000 from the prior year due to higher sales in the prior year of contract manufacturing.
  •      For the three months ended August 31, 2019 as compared to August 31, 2018, cost of sales decreased as a percentage of sales from 73.5% of sales, or $935,647, to 69.2% of sales, or $827,111. Cost of sales as a percentage of sales decreased primarily due to product mix, lower material costs and capitalization of costs into inventory.
  •      For the three months ended August 31, 2019 compared to 2018, selling, general and administrative costs were $506,397 as compared to $400,228, an increase of $106,169, or 26.5%. This was due to increased personnel costs in marketing and increased costs of CE mark certification and outside services in general and administrative.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg
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