Biotricity Inc.

Biotricity Inc. Stock Forecast & Price Prediction

Live Biotricity Inc. Stock (BTCY) Price
$0.37

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$0.37

P/E Ratio

-0.23

Volume Traded Today

$9,380

Dividend

Dividends not available for BTCY

52 Week High/low

2.43/0.37

Biotricity Inc. Market Cap

$10.2M

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BTCY Summary

From what 0 stock analysts predict, the share price for Biotricity Inc. (BTCY) might decrease by 100% in the next year. This is based on a 12-month average estimation for BTCY. Price targets go from $ to $. The majority of stock analysts believe BTCY is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

BTCY Analyst Ratings

About 0 Wall Street analysts have assigned BTCY 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Biotricity Inc. to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on BTCY. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

BTCY stock forecast by analyst

These are the latest 20 analyst ratings of BTCY.

Analyst/Firm

Rating

Price Target

Change

Date

Kevin Dede
HC Wainwright & Co.

Neutral


Downgrade

Nov 20, 2023
Kevin Dede
HC Wainwright & Co.

Buy

$4

Reiterates

Jul 5, 2023
Kevin Dede
HC Wainwright & Co.

Buy

$2

Reiterates

Feb 15, 2023
Allen Klee
Maxim Group

Hold


Downgrade

Jul 15, 2022
Kevin Dede
HC Wainwright & Co.

Buy

$2

Maintains

Jul 15, 2022

Lake Street

Buy


Initiates

Mar 7, 2022

HC Wainwright & Co.

Buy


Initiates

Nov 23, 2021

Northland Capital Markets

Outperform


Initiates

Jul 1, 2021

BTCY Company Information

  • Company Name: Biotricity, Inc.
  • Industry: Medical Technology
  • Location: Redwood City, California
  • Focus: Biometric data monitoring solutions
  • Target Markets: Medical, healthcare, and consumer markets
  • Key Products:
    • Bioflux: Mobile cardiac telemetry solution
    • ECG Analysis Software: Analyzes and synthesizes patient ECG monitoring data
  • Service Offerings: Remote monitoring solutions for lifestyle and chronic illnesses, including diagnostic and post-diagnostic solutions
BTCY
Biotricity Inc. (BTCY)

When did it IPO

N/A

Staff Count

55

Country

United States

Sector/Industry

Healthcare/Medical Devices

CEO

Dr. Waqaas Al-Siddiq Ph.D.

Market Cap

$10.2M

Biotricity Inc. (BTCY) Financial Data

In 2023, BTCY generated $9.6M in revenue, which was a increase of 26.00% from the previous year. This can be seen as a signal that BTCY's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

$3.4M

0.00 %
From Previous Year

Revenue From 2022

$7.7M

126.02 %
From Previous Year

Revenue From 2023

$9.6M

26.00 %
From Previous Year
  • Revenue TTM $12.2M
  • Operating Margin TTM -34.9%
  • Gross profit TTM $8.4M
  • Return on assets TTM -82.5%
  • Return on equity TTM 49.8%
  • Profit Margin -117.4%
  • Book Value Per Share -1.38%
  • Market capitalisation $10.2M
  • Revenue for 2021 $3.4M
  • Revenue for 2022 $7.7M
  • Revenue for 2023 $9.6M
  • EPS this year (TTM) $-1.74

Biotricity Inc. (BTCY) Latest News

News Image

Wed, 21 Aug 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - The Company shows continued progress towards cash-flow break even and profitability Recurring Technology Fee (SaaS) revenue - over 94% of total revenue with a 76% gross margin, which rose over 400 basis points and is expected to continue to trend higher Gross margins improved significantly to 73.8 from 63.5% in the same period last year, and 59.6% 2 years earlier Reduced SG&A to $3 million, down 16% compared to same period last year Operating loss of $1.1 million, indicated efficiency gains of $1.2 million from the preceding year quarter - a 51.8% improvement Growth in revenue of 6% YOY to $3.2 million EBITDA and Adjusted EBITDA improved by 18.9% and 49.8%, respectively, from the corresponding period in the prior year; Quarter over preceding Quarter, EBITDA improved by $1M, or 36%, whereas Adjusted EBITDA improved by $1.5M or 59%. Comprehensive loss was reported at $6.9 million, due to one-time non-cash items of $3.2 million; removing these would have resulted in a net loss of $3.7 million, consistent with prior year levels of $3.8 million due to interest rate increases that countered the impact of efficiency gains REDWOOD CITY, CA / ACCESSWIRE / August 21, 2024 / Biotricity Inc. (OTCQB:BTCY) ("Biotricity" or the "Company"), a Technology-as-a-Service (TaaS) company operating in the remote cardiac monitor sector of consumer healthcare, today announced its financial results for the first quarter of fiscal 2025 year ended June 30, 2024.

News Image

Fri, 26 Jul 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - ORLANDO, FL / ACCESSWIRE / July 26, 2024 / RedChip Companies will air interviews with LOBO EV Technologies Ltd. (Nasdaq:LOBO) and Biotricity, Inc. (Nasdaq:BTCY) on the RedChip Small Stocks, Big Moneyโ„ข show, a sponsored program on Bloomberg TV, this Saturday, July 27, at 7 p.m.

News Image

Mon, 22 Jul 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - REDWOOD CITY, CA / ACCESSWIRE / July 22, 2024 / Biotricity Inc. (Nasdaq:BTCY), a Technology-as-a-Service (TaaS) company operating in the remote cardiac monitor sector of consumer healthcare, today announced ongoing improvements in operational efficiency, scalability and margin performance driven by the latest enhancements to the company's proprietary AI Cloud platform. The latest version of Biotricity's AI Cloud has improved the company's tech stack efficiency by 20%, which is expected to result in a topline margin improvement of 200 to 300 basis points (2 to 3%) in the coming quarters.

News Image

Fri, 19 Jul 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - ORLANDO, FL / ACCESSWIRE / July 19, 2024 / RedChip Companies will air interviews with Enlivex Therapeutics Ltd. (Nasdaq:ENLV) and Biotricity, Inc. (Nasdaq:BTCY) on the RedChip Small Stocks, Big Moneyโ„ข show, a sponsored program on Bloomberg TV, this Saturday, July 20, at 7 p.m.

News Image

Wed, 10 Jul 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - REDWOOD CITY, CA / ACCESSWIRE / July 10, 2024 / Biotricity Inc. (Nasdaq:BTCY), a Technology-as-a-Service (TaaS) company operating in the remote cardiac monitor sector of consumer healthcare, today announced the launch of a new cardiac monitoring pilot program with a prominent hospital group encompassing 60 sites spread across multiple states. Biotricity's cardiac monitoring solution is the only three-channel connected solution in the world.

News Image

Thu, 11 Jul 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - REDWOOD CITY, CA / ACCESSWIRE / July 11, 2024 / Biotricity Inc. (NASDAQ:BTCY), a Technology-as-a-Service (TaaS) company operating in the remote cardiac monitor sector of consumer healthcare, today announced its accelerated timeline to achieving EBITDA positive. The company now expects to reach this significant milestone before the end of calendar 2024, earlier than previously anticipated.

...

BTCY Frequently asked questions

The highest forecasted price for BTCY is $ from at Northland Capital Markets.

The lowest forecasted price for BTCY is $ from from Northland Capital Markets

The BTCY analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.