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SRx Health Solutions Inc. (SRXH) 10-Year Financial Performance & Capital Metrics

SRXH • • Industrial / General
HealthcareLarge PharmaEarly-Stage & Niche DevelopersClinical-Stage Pain & Specialty Developers
AboutSRx Health Solutions Inc. is an integrated Canadian healthcare services provider operating within the specialty healthcare industry. The company offers comprehensive, integrated, and customized specialty healthcare services across all ten Canadian provinces. SRx combines industry knowledge, technology, and a patient-centric focus to create strategies and solutions aimed at improving the wellness of Canadians.Show more
  • Revenue $119M +28.4%
  • EBITDA -$4M -660.8%
  • Net Income -$11M -354.7%
  • EPS (Diluted) -0.90 +74.1%
  • Gross Margin 19.85% +38.2%
  • EBITDA Margin -3.45% -492.5%
  • Operating Margin -4.88% -287.8%
  • Net Margin -9.36% -254.1%
  • ROE -
  • ROIC -18.09% -254.1%
  • Debt/Equity -
  • Interest Coverage -2.83 -82.8%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Efficient asset utilization: 1.8x turnover

✗Weaknesses

  • ✗Weak Piotroski F-Score: 3/9
  • ✗Weak momentum: RS Rating 7 (bottom 7%)
  • ✗Shares diluted 100.0% in last year
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y-
TTM-

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-

EPS CAGR

10Y-
5Y-
3Y-
TTM-

ROCE

10Y Avg-53.96%
5Y Avg-53.96%
3Y Avg-53.96%
Latest-98.78%

Peer Comparison

Clinical-Stage Pain & Specialty Developers
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Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
Safety & Leverage
TTM Growth
Famous Investor Metrics
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Latest Quarter
Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
SRXHSRx Health Solutions Inc.13.22M0.19-0.2128.4%-9.36%11.92%
SCLXScilex Holding Company80.6M11.46-0.5921.07%-9.31%24.01%
MIRAMIRA Pharmaceuticals, Inc.61.14M1.46-2.86-376.4%
CTORCitius Oncology, Inc.91.58M1.08-3.18-55.19%0.08

Profit & Loss

Sep 2022Sep 2023
Sales/Revenue+92.63M118.94M
Revenue Growth %-0.28%
Cost of Goods Sold+79.33M95.33M
COGS % of Revenue0.86%0.8%
Gross Profit+13.31M23.61M
Gross Margin %0.14%0.2%
Gross Profit Growth %-0.77%
Operating Expenses+14.47M29.42M
OpEx % of Revenue0.16%0.25%
Selling, General & Admin13.14M29.49M
SG&A % of Revenue0.14%0.25%
Research & Development00
R&D % of Revenue--
Other Operating Expenses1.33M-75.1K
Operating Income+-1.17M-5.81M
Operating Margin %-0.01%-0.05%
Operating Income Growth %--3.98%
EBITDA+-539.4K-4.1M
EBITDA Margin %-0.01%-0.03%
EBITDA Growth %--6.61%
D&A (Non-Cash Add-back)627.01K1.7M
EBIT-1.17M-8.76M
Net Interest Income+-753.71K-2.05M
Interest Income00
Interest Expense753.71K2.05M
Other Income/Expense-842.77K-5.13M
Pretax Income+-2.01M-10.94M
Pretax Margin %-0.02%-0.09%
Income Tax+440.21K196.58K
Effective Tax Rate %1.22%1.02%
Net Income+-2.45M-11.14M
Net Margin %-0.03%-0.09%
Net Income Growth %--3.55%
Net Income (Continuing)-2.45M-11.14M
Discontinued Operations00
Minority Interest00
EPS (Diluted)+-3.48-0.90
EPS Growth %-0.74%
EPS (Basic)-3.48-0.90
Diluted Shares Outstanding704.18K12.39M
Basic Shares Outstanding704.18K12.39M
Dividend Payout Ratio--

Balance Sheet

Sep 2022Sep 2023
Total Current Assets+14.8M25.13M
Cash & Short-Term Investments1.66M2.07M
Cash Only1.66M2.07M
Short-Term Investments00
Accounts Receivable3.38M7.06M
Days Sales Outstanding13.3221.66
Inventory4.02M5.72M
Days Inventory Outstanding18.4821.9
Other Current Assets5.31M9.56M
Total Non-Current Assets+19.99M39.38M
Property, Plant & Equipment7.36M10.64M
Fixed Asset Turnover12.59x11.18x
Goodwill8.78M18.48M
Intangible Assets3.78M9.79M
Long-Term Investments00
Other Non-Current Assets61.54K473.41K
Total Assets+34.79M64.51M
Asset Turnover2.66x1.84x
Asset Growth %-0.85%
Total Current Liabilities+22.04M65.5M
Accounts Payable13.58M24.36M
Days Payables Outstanding62.5193.28
Short-Term Debt5.66M34.6M
Deferred Revenue (Current)00
Other Current Liabilities1.88M5.2M
Current Ratio0.67x0.38x
Quick Ratio0.49x0.30x
Cash Conversion Cycle-30.71-49.73
Total Non-Current Liabilities+11.82M5.3M
Long-Term Debt8.99M0
Capital Lease Obligations2.3M3.57M
Deferred Tax Liabilities00
Other Non-Current Liabilities529.99K1.73M
Total Liabilities33.86M70.8M
Total Debt+17.85M39.38M
Net Debt16.19M37.31M
Debt / Equity19.25x-
Debt / EBITDA--
Net Debt / EBITDA--
Interest Coverage-1.55x-2.83x
Total Equity+927.48K-6.29M
Equity Growth %--7.78%
Book Value per Share1.32-0.51
Total Shareholders' Equity927.48K-6.29M
Common Stock7.27M8.8M
Retained Earnings-6.34M-17.58M
Treasury Stock00
Accumulated OCI02.49M
Minority Interest00

Cash Flow

Sep 2022Sep 2023
Cash from Operations+4.67M3.87M
Operating CF Margin %0.05%0.03%
Operating CF Growth %--0.17%
Net Income-2.45M-11.14M
Depreciation & Amortization1.33M2.87M
Stock-Based Compensation02.95M
Deferred Taxes00
Other Non-Cash Items7.31M15.35M
Working Capital Changes-1.53M-6.16M
Change in Receivables565.47K-4.96M
Change in Inventory-1.89M-746.55K
Change in Payables00
Cash from Investing+-6.83M-19.78M
Capital Expenditures-244.72K-1.27M
CapEx % of Revenue0%0.01%
Acquisitions--
Investments--
Other Investing-914.45K-5.28M
Cash from Financing+3.8M16.43M
Debt Issued (Net)--
Equity Issued (Net)--
Dividends Paid00
Share Repurchases--
Other Financing-107.88K5.06M
Net Change in Cash--
Free Cash Flow+3.13M1.58M
FCF Margin %0.03%0.01%
FCF Growth %--0.5%
FCF per Share4.450.13
FCF Conversion (FCF/Net Income)-1.91x-0.35x
Interest Paid00
Taxes Paid00

Key Ratios

Metric20222023
Return on Equity (ROE)-264.09%-
Return on Invested Capital (ROIC)-5.11%-18.09%
Gross Margin14.36%19.85%
Net Margin-2.64%-9.36%
Debt / Equity19.25x-
Interest Coverage-1.55x-2.83x
FCF Conversion-1.91x-0.35x
Revenue Growth-28.4%

Frequently Asked Questions

Growth & Financials

SRx Health Solutions Inc. (SRXH) reported $118.9M in revenue for fiscal year 2023. This represents a 28% increase from $92.6M in 2022.

SRx Health Solutions Inc. (SRXH) grew revenue by 28.4% over the past year. This is strong growth.

SRx Health Solutions Inc. (SRXH) reported a net loss of $11.1M for fiscal year 2023.

Dividend & Returns

SRx Health Solutions Inc. (SRXH) generated $1.6M in free cash flow for fiscal year 2023. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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