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Added to YB: 2024-04-01

Pitch date: 2024-03-30

SBFM [bullish]

Sunshine Biopharma, Inc.

-99.4%

current return

Author Info

@smantel is an ex-sell side analyst with a focus on fundamental research. Follow him on Twitter.

Company Info

Sunshine Biopharma, Inc. operates as a pharmaceutical company that focuses on the research and development of life-saving medicines in various therapeutic areas, including oncology and antivirals in the United States and Canada.

Market Cap

$6.8M

Pitch Price

$222.60

Price Target

0.68 (-53%)

Dividend

N/A

EV/EBITDA

0.49

P/E

-0.55

EV/Sales

-0.07

Sector

Biotechnology

Category

growth

Show full summary:
A Beacon of Opportunity: Sunshine Biopharma's Promising Future

SBFM: Generic drug co. trades at negative EV w/ $23M cash. Q4 rev $7.7M (+30.5% Q/Q), '23 rev $24M. Launching 32 new drugs in '24-'25. '25E rev $100M, EBITDA $16M, EPS $0.17. At 0 EV, price should be $0.21 (+160%). 1x '24 EV/S = $0.68 PT (+750%). Reverse split to 500K shares.

Read full article (2 min)