Biotech gesucht ?

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Nassie:

Biotech gesucht ?

 
24.07.04 12:40
Starke Quartals-Ergebnissen meldete der Biotech-Wert Paincare (WKN 164672). Die Umsätze legten gegenüber dem Vorjahr um 142 Prozent auf 9,1 Millionen zu, der Gewinn explodierte dabei um 212 Prozent auf 1,8 Millionen Dollar. Für das Gesamtjahr gab das Unternehmen schon vor einigen Wochen eine Gewinnprognose von 9 Millionen Dollar aus, was bei einer Market-Cap von derzeit etwa 90 Millionen Dollar ein KGV von 10 bedeuten würde. Für ein Unternehmen wie Paincare das derzeit ein Umsatzwachstum von über 100 Prozent und ein Gewinnwachstum von über 200 Prozent an den Tag legt, sind diese Bewertungen äußerst ungerechtfertigt! Der Global Biotech Daily stuft die Aktie weiterhin als klaren „Strong Buy“-Titel mit einem Mindestkursziel von 6 Dollar ein!


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TOSA:

hört sich

 
24.07.04 12:47
sehr interessant an! Wo ist der Haken? Wie sieht die Cashsituation aus?
Biotech gesucht ? 1586408 TOSA
Nassie:

Zahlen

 
24.07.04 12:54
Paincare Reports 154% Rise in Revenue and 207% Jump in Net Income for the Six Months Ended June 30, 2004



ORLANDO, Fla., July 22 /PRNewswire-FirstCall/ -- PainCare Holdings, Inc. (AMEX: PRZ) today reported its financial results for the three and six month periods, ended June, 30, 2004, once again doubling or tripling nearly every key metric of comparative performance.

    For the Three-Month Period Ended June 30, 2004 Compared to Same Three
    Month Period Ended June 30, 2003:

    -- Revenues increased 142% to $9,117,069 from $3,774,487;

    -- Operating Income rose 315% to $3,229,084 from $779,100;

    -- Net Income jumped 212% to $1,757,611, or $.06 basic earnings per share
       and $.05 diluted earnings per share, compared to $563,000, $.03 basic
       earnings per share and $.02 diluted earnings per share.

    For the Six-Month Period Ended June 30, 2004 Compared to Same Six Month
    Period Ended June 30, 2003:

    -- Revenues increased 155% to $15,976,797 from $6,272,607;

    -- Operating Income grew 255% to $4,851,049 from $1,367,305;

    -- Net Income climbed 207% to $2,723,946, or $.10 basic earnings per
       share and $.07 diluted earnings per share, compared to $886,289, or
       $.05 basic earnings per share and $.04 diluted earnings per share.

As of June 30, 2004, the Company had approximately $4.04 million in cash and stockholders' equity of approximately $35.6 million.

Mark Szporka, Chief Financial Officer of PainCare, stated, "It is noteworthy to mention that although PainCare successfully acquired Denver Pain Management, Georgia Pain Physicians, Care Clinics and Dynamic Rehabilitation Centers during our second quarter, three of these acquisitions were not completed until more than halfway through the reporting period. Consequently, PainCare was not able to book the full quarterly contributions that we expect to realize from these practices on a moving forward basis."

Continuing, Szporka noted, "Had these practices been acquired on January 1, 2004, pro forma analysis reveals that revenue for the six months ended June 30, 2004 would have been $20,962,453, operating income would have been $6,756,378, and net income would have been $3,972,305, or $.13 earnings per basic share and $.10 earnings per diluted share. All things factored, we're very pleased with how our model is performing."

"With half of the year behind us, PainCare is squarely focused on perpetuating the exciting fundamental progress we've put in motion, thus far. Looking ahead, our business prospects are extremely robust, due largely to the enthusiasm of our corps of physicians and healthcare professionals; the appeal, success and timeliness of our business model; the expertise of our employees and management team; and the loyal support of our shareholders," added Randy Lubinsky, PainCare's Chief Executive Officer.

The Company will host a teleconference this afternoon beginning at 4:15 PM Eastern, and invites all interested parties to join management in a discussion regarding the Company's second quarter financial results, corporate progression and other meaningful developments. The conference call can be accessed via telephone by dialing toll free 800-218-9073 or via live webcast by visiting www.paincareholdings.com.

PainCare Holdings, Inc.
                         Consolidated Balance Sheet
                 As of June 30, 2004 and December 31, 2003June 30, 2004December 31, 2003
                                           (Unaudited)        (Audited)

                  Assets

   Current assets:
    Cash                                  $  4,038,249       $  7,923,767
    Accounts receivable, net                11,942,589          5,100,699
    Due from stockholder                        28,021            203,050
    Note receivable                             79,301            320,353
    Deposits & prepaid expenses                780,093            514,957
   Total current assets                     16,868,253         14,062,826

    Property and equipment, net              6,433,246          4,730,723
    Goodwill, net                           37,898,540         21,946,735
    Other assets                             4,841,698          2,680,665
   Total assets                           $ 66,041,737       $ 43,420,949


    Liabilities and Stockholders' Equity

   Current liabilities:
    Accounts payable
     and accrued expenses                $     671,912      $     639,668
    Income tax payable                         891,329               -
    Interest payable                            62,500               -
    Current portion
     of notes payable                        4,258,850          4,216,566
    Current portion
     of convertible debentures               2,490,000            306,616
    Current portion of
     capital lease obligations                 611,426            578,557
   Total current liabilities                 8,986,017          5,741,407

    Notes payable, less current portion        471,225            510,141
    Convertible debentures,
     less current portion                   17,373,600         10,712,000
    Deferred income tax liability            1,188,711            683,300
    Capital lease obligations,
     less current portion                    2,455,181          2,300,165
   Total liabilities                        30,474,734         19,947,013

   Stockholders' equity:
    Common stock, $.0001 par value,
     authorized 75,000,000 shares;
     issued and outstanding 31,087,027
     and 26,882,597 shares                       3,109              2,688

    Preferred stock, $.0001 par value,
     authorized 10,000,000 shares;
     issued and outstanding shares                -                  -
    Additional paid in capital              31,081,243         21,700,894
    Retained earnings                        4,493,339          1,769,393
    Other comprehensive income (loss)          (10,688)               961
     Total stockholders' equity             35,567,003         23,473,936
    Commitments
    Total liabilities and
     stockholder's equity                 $ 66,041,737       $ 43,420,949



                          PainCare Holdings, Inc.
             Consolidated Statements of Operations (Unaudited)
         For the Three and Six Months Ended June 30, 2004 and 2003


                           For the Three                  For the Six
                            Months Ended                  Months Ended
                              June 30,                       June 30,
                        2004          2003             2004           2003
   Total revenues:
    Patient
     services       $ 3,874,981   $ 2,188,345      $ 7,494,546    $ 3,758,659
    Management
     fees             5,242,088     1,586,142        8,482,251      2,513,948
   Total revenues     9,117,069     3,774,487       15,976,797      6,272,607

    Cost of sales     1,575,951     1,046,816        3,059,997      1,833,360
   Gross profit       7,541,118     2,727,671       12,916,800      4,439,247

   Operating
    expenses:
    Selling,
     general and
     administrative   4,023,843     1,892,941        7,562,784      2,931,158
    Depreciation
     expense            213,413        55,630          366,385        140,784
    Amortization
     expense             74,778          -             136,582           -
   Operating
    income            3,229,084       779,100        4,851,049      1,367,305
   Interest expense     560,895       114,101          713,016        247,382
   Other income          35,828        12,168           52,653         12,793
   Income before
    taxes             2,704,017       677,167        4,190,686      1,132,716

   Provision
    for income
    taxes               946,406       114,167        1,466,740        246,427

   Net income         1,757,611       563,000      $ 2,723,946      $ 886,289

   Basic earnings
    per share         $    0.06      $   0.03         $   0.10       $   0.05

   Basic weighted
    average shares
    outstanding      29,035,926     20,845,528      28,348,671     18,841,242

   Diluted earnings
    per share          $   0.05       $   0.02        $   0.07       $   0.04

   Diluted weighted
    average shares
    outstanding      39,073,183     27,194,881      38,651,374     24,892,252


The accompanying supplemental pro forma financial information represents a non-GAAP financial measure. A "non-GAAP financial measure" is defined as a numerical measure of a Company's financial performance, financial position or cash flows that excludes (or includes) amounts that are included in (or excluded from) the most directly comparable measure calculated and presented in accordance with GAAP in the company's financial statements. Pro forma income or loss is used by investors and analysts of PainCare as an alternative to GAAP measures when evaluating the Company's performance in comparison to other companies. The Company's management believes that the presentation of pro forma income or loss may provide useful information regarding the Company's financial performance and earnings potential by calculating and quantifying the effect of certain charges on income or loss per share calculated in accordance with GAAP and gives investors and analysts insight into the potential future profitability of the Company's operating business. Management also believes that the presentation of the non-GAAP financial measure is consistent with its past practice, as well as industry practice in general, and will enable investors and analysts to compare current non-GAAP measures with non-GAAP measures presented in prior periods. The above pro forma information may not be comparable to similarly titled measures used by other companies and should not be considered as a substitute for measures of performance prepared in accordance with GAAP or as a prediction of future financial results.

About PainCare Holdings, Inc.

Founded in Orlando, Florida in 2000, PainCare specializes in the cost- effective delivery of high-tech pain relief through Minimally Invasive Surgery, Pain Management technologies and Orthopedic Rehabilitation. The Company has established and is aggressively expanding a highly specialized network of orthopedic rehabilitation, spine surgery and pain management centers across North America to serve the pain care market. PainCare has built a professional healthcare organization comprised of many internationally renowned pain management physicians, neuro-and orthopedic surgeons, and physiatrists with centers found in Florida, Colorado, North Dakota, Texas, Louisiana, Missouri, Maine, Georgia, Michigan and Canada.

PainCare also offers turnkey, on-site, rehab and electro diagnostic programs directly to independent physician practices, group practices and medical institutions under a revenue-sharing arrangement. MedX-Direct provides the most advanced testing, strengthening and rehabilitation utilizing state-of-the-art MedX equipment installed on-site at each physician practice. EDX-Direct program physicians are supplied with all equipment, technical training and support necessary to introduce electro diagnostic medicine studies into their respective practice offerings.

For more information on PainCare, please visit the Company web site at www.paincareholdings.com.

This press release may contain forward-looking statements that may be subject to various risks and uncertainties. Such forward-looking statements are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and are made based on management's current expectations or beliefs as well as assumptions made by, and information currently available to, management. A variety of factors could cause actual results to differ materially from those anticipated including the following: insufficient capital to expand business; market acceptance of new products and services; management's ability to effectively launch new products in a timely and cost efficient manner; governmental regulation and legal uncertainties; ability to manage growth and to respond to rapid technological change; competitive pressures; costs or difficulties related to the integration of businesses, if any, acquired or that may be acquired, may be greater than expected; operating costs or customer loss and business disruption following future mergers and acquisitions may be greater than expected; general economic or business conditions; and any changes in the securities market. For a detailed description of these and other cautionary factors that may affect PainCare's future results, please refer to PainCare's filings with the Securities Exchange Commission, especially in the "Factors Affecting Operating Results and Market Price of Securities" included in the Company's most recent filings filed with the Securities Exchange Commission.

For investors, media professionals and retail stockbrokers, please contact:
Stephanie Noiseux, Elite Financial Communications Group, LLC at 407-585-1080

                        or via email at prz@efcg.net

                For institutional investors, please contact:
         Evan Smith or Erica Pettit, KCSA Worldwide at 212-682-6300
                                     or
        Elite Financial at 407-585-1080 or via email at prz@efcg.net


SOURCE  PainCare Holdings, Inc.
   -0-                             07/22/2004
   /CONTACT: Stephanie Noiseux of Elite Financial Communications Group, LLC,
+1-407-585-1080, or prz@efcg.net, or Evan Smith or Erica Pettit, both of KCSA
Worldwide, +1-212-682-6300, or Elite Financial, +1-407-585-1080, or
prz@efcg.net, all for PainCare Holdings, Inc./
   /Web site:  www.paincareholdings.com /
   (PRZ)

CO:  PainCare Holdings, Inc.
ST:  Florida
IN:  HEA BIO MTC FIN CPR
SU:  ERN CCA


xpfuture:

Wirklich interessant!

 
24.07.04 13:07
Allerdings ist der Cashbestand mit 4 Mio. USD doch ziemlich niedrig. Weiters haben die den Kurs seit Juni 2003 mit weiteren 12 Mio. Aktien verwässert (ca. 45% aller outst. shares). Könnte sich natürlich bei einem solch großen Gewinnwachstum ändern. Allerdings werden die Kohle für weitere Entwicklungen etc. benötigen.

Auf alle Fälle überwigt hier das positive Chance/Risiko Verhältnis.

xpfuture
TOSA:

Ist mir auch aufgefallen

 
24.07.04 13:13
Das Problem ist die Cashsituation!
Ist eigentlich kein Biotechunternehmen.
Biotech gesucht ? 1586418 TOSA
Nassie:

Solange die Gewinn machen

 
24.07.04 13:56
und der Cash-Flow positiv ist, ist die Cashsituation nicht kritisch.
Nassie:

Heute

 
26.07.04 21:03
mit 8 Prozent im Plus.
Nassie:

Noch ein guter Wert

 
07.08.04 13:22
Auf einen Umsatzsprung bei Kos Pharma (WKN 905865) weist der Global Biotech Daily hin. Im zweiten Quartal legten die Erlöse um 85 Prozent auf 120 Millionen Dollar zu. Vor allem die Verschreibungen für zwei Cholesterin-Präparate waren um 24 Prozent angestiegen. Aber auch ein jüngst von Aventis übernommenes Asthma-Medikament brachte beachtliche Umsätze in Höhe von 19 Millionen Dollar. Kos Pharma so einen Nettogewinn in Höhe von 38,5 Millionen oder 83 Cents je Aktie (Vorjahr 31 Cents je Aktie), nachdem im Vorjahr ein Gewinn von 11,2 Millionen Dollar oder 31 Cents je Aktie erwirtschaftet wurde. Im Gesamtjahr erwartet das Unternehmen nun einen Umsatzanstieg von mehr als 60 Prozent auf 480 Millionen Dollar. Gleichzeitig hob man die Gewinnschätzung von 2,50 auf 2,60 bis 2,65 Dollar je Aktie an! Damit wäre die Aktie auf Basis der diesjährigen Gewinne aktuell mit einem KGV von 13 bewertet. Schon für 2006 steht jedoch das nächste viel versprechende Produkt an. Die Aussichten für die kommenden Jahre spannend, Das Investmenthaus Suntrust sehen ein Kursziel bei 60 Dollar.  
DERDAX:

Enstiegsgelegenheit?? o. T.

 
02.03.06 11:32
hummer83:

Tja

 
12.04.10 18:28
was haltet ihr von der Rösch aktie?
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  9 Biotech gesucht ? Nassie hummer83 12.04.10 18:28

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