CA - Microbix Biosystems Inc. (MBXBF) Q1 2024 Earnings Call Transcript

2024-02-14 14:56:02 ET

Microbix Biosystems Inc. (MBXBF)

Q1 2024 Earnings Conference Call

February 14, 2024 10:00 AM ET

Company Participants

Deborah Honig – Investor Relations

Cameron Groome – Chief Executive Officer

Jim Currie – Chief Financial Officer

Ken Hughes – Chief Operating Officer

Conference Call Participants

Presentation

Deborah Honig

Good morning, and thanks for joining us today. We’ve got an update from Microbix. They just reported their fiscal Q1 results this morning, so feel free to check those out if you haven’t seen them yet.

With me today, I’ve got Cameron Groome, CEO; Jim Currie, CFO; and Ken Hughes, COO. And they’re going to do a little bit of a presentation, then answer some questions for us. If you’ve got any questions, feel free to submit them at the box at the bottom or you can e-mail them to me.

And as always, this presentation will contain forward-looking statements. So feel free to check those out on the presentation on the company’s website, which was updated today. We might make a couple of changes and update it again later this week, but all the financial numbers are in the new deck if you want to check that out on Microbix’s website.

And with that out of the way, I’d like to introduce the management team. Hi, gentlemen, Happy Valentine’s Day.

Cameron Groome

Thank you. Thank you. Hopefully showing shareholders a little love.

Deborah Honig

Yes, I think this is like the third or fourth Valentine’s Day we’ve all spent together. So yes, it’s quite a nice surprise. So yes, looking forward to hearing about the quarter.

Cameron Groome

Thank you so much, Deborah, and good morning, and good morning, Jim and Ken as well.

Jim Currie

Good morning.

Cameron Groome

Well, a pleasure to communicate the results for our fiscal Q1 of – Q1 of fiscal 2024 which is the quarter ended December 31, 2023. We have a September fiscal year-end, so this is our Q1 of fiscal 2024. Very strong revenues, obviously a record by far at CAD8.4 million of revenues for the quarter. That is notable based on the Kinlytic milestone payments that were recognized in the quarter of US$3 million....

For further details see: