Financial Snapshot

Revenue
$7.742M
TTM
Gross Margin
22.65%
TTM
Net Earnings
-$4.250M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
463.07%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$3.331M
Q3 2024
Cash
Q3 2024
P/E
-0.9451
Nov 29, 2024 EST
Free Cash Flow
-$4.485M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020
Revenue $5.515M $5.620M $1.410M $0.00
YoY Change -1.87% 298.58%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020
Revenue $5.515M $5.620M $1.410M $0.00
Cost Of Revenue $4.103M $4.560M $980.0K $0.00
Gross Profit $1.412M $1.060M $430.0K $0.00
Gross Profit Margin 25.6% 18.86% 30.5%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020
Selling, General & Admin $4.011M $3.140M $430.0K $0.00
YoY Change 27.73% 630.23%
% of Gross Profit 284.06% 296.23% 100.0%
Research & Development $240.1K
YoY Change
% of Gross Profit 17.0%
Depreciation & Amortization $48.77K $14.85K $210.00 $0.00
YoY Change 228.42% 6971.43%
% of Gross Profit 3.45% 1.4% 0.05%
Operating Expenses $4.299M $3.150M $430.0K $0.00
YoY Change 36.49% 632.56%
Operating Profit -$2.888M -$2.090M $0.00 $0.00
YoY Change 38.16% -1795296329728000000.0%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020
Interest Expense -$50.75K -$30.00K $0.00
YoY Change 69.17%
% of Operating Profit 0.0%
Other Income/Expense, Net -$50.74K -$28.47K
YoY Change 78.24%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020
Pretax Income -$2.938M -$2.120M $0.00 $0.00
YoY Change 38.6%
Income Tax
% Of Pretax Income
Net Earnings -$2.938M -$2.120M $0.00 $0.00
YoY Change 38.6%
Net Earnings / Revenue -53.28% -37.72% 0.0%
Basic Earnings Per Share -$0.60 -$0.70
Diluted Earnings Per Share -$0.60 -$0.35 $0.00 $0.00

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020
Cash & Short-Term Investments $3.280M $0.00 $100.0K $0.00
YoY Change -100.0%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $1.111M $1.200M $260.0K $0.00
Other Receivables $389.8K $220.0K $20.00K $0.00
Total Short-Term Assets $4.781M $1.430M $380.0K $0.00
YoY Change 234.34% 276.32%
Property, Plant & Equipment $142.2K $300.0K $150.0K $0.00
YoY Change -52.61% 100.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00 $600.0K $0.00
YoY Change -100.0%
Total Long-Term Assets $142.2K $890.0K $160.0K $0.00
YoY Change -84.03% 456.25%
Total Assets $4.923M $2.320M $540.0K $0.00
YoY Change
Accounts Payable $463.0K $440.0K $130.0K $0.00
YoY Change 5.23% 238.46%
Accrued Expenses $262.2K $360.0K $130.0K $0.00
YoY Change -27.17% 176.92%
Deferred Revenue
YoY Change
Short-Term Debt $184.9K $750.0K $190.0K $0.00
YoY Change -75.35% 294.74%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $910.1K $1.550M $450.0K $10.00K
YoY Change -41.29% 244.44% 4400.0%
Long-Term Debt $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $0.00 $60.00K $90.00K $0.00
YoY Change -100.0% -33.33%
Total Long-Term Liabilities $0.00 $60.00K $90.00K $0.00
YoY Change -100.0% -33.33%
Total Liabilities $910.1K $1.610M $540.0K $10.00K
YoY Change -43.47% 198.15% 5300.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020
Basic Shares Outstanding 4.878M shares 3.041M shares
Diluted Shares Outstanding 4.878M shares 3.041M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $4.017 Million

About Syra Health Corp

Syra Health Corp. operates as a medical technology company. The company is headquartered in Carmel, Indiana and currently employs 78 full-time employees. The company went IPO on 2023-09-29. The firm provides comprehensive end-to-end solutions in behavioral and mental health, population health, digital health, health education and healthcare workforce. The Company’s health education service line offers services, including medical communications, patient education, and healthcare training. Its population health management services include analytics as a service, epidemiology and health equity analytics solutions. The Company’s digital health solutions include digital transformation, cloud and security, artificial intelligence, patient engagement, and health applications. Its Syrenity is a comprehensive mental health application that provides preventative care and interventions for behavioral and mental health. The company provides medical education solutions to pharmaceutical and medical device manufacturers, biotechnology companies, payers, large employers, academic institutions, and government agencies.

Industry: Services-Employment Agencies Peers: Bitech Technologies Corp Clearday, Inc. CVS HEALTH Corp STAR EQUITY HOLDINGS, INC. Stella Diagnostics, Inc. Novo Integrated Sciences, Inc. PSYCHEMEDICS CORP Vivos Therapeutics, Inc.