Progressive Care, Inc. (RXMD)
| Market Cap | 13.49M |
| Revenue (ttm) | 54.88M |
| Net Income (ttm) | -19.53M |
| Shares Out | 6.39M |
| EPS (ttm) | -2.65 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 300 |
| Average Volume | 998 |
| Open | 2.000 |
| Previous Close | 2.000 |
| Day's Range | 2.000 - 2.110 |
| 52-Week Range | 0.400 - 4.170 |
| Beta | -0.21 |
| RSI | 56.69 |
| Earnings Date | Nov 15, 2024 |
About Progressive Care
Progressive Care, Inc., through its subsidiary, Pharmco, LLC, provides prescription pharmaceuticals to individuals and institutions in south Florida. The company operates a retail pharmacy that specializes in the sale of anti-retroviral medications and related patient care management; the sale and rental of durable medical equipment (DME), such as hospital beds, oxygen supplies, power wheelchairs, scooters, walkers, and other related equipment and accessories; and the supply of various prescription medications to long term care facilities. It a... [Read more]
Financial Performance
In 2023, Progressive Care's revenue was $49.73 million, an increase of 22.47% compared to the previous year's $40.60 million. Losses were -$14.65 million, 127.3% more than in 2022.
Financial StatementsNews
Progressive Care Inc. Announces Results of Special Meeting of Stockholders
Business Combination with NextPlat Corp Approved by Shareholders with Anticipated Closing Date of October 1, 2024 MIAMI , Sept. 16, 2024 /PRNewswire/ -- Progressive Care Inc. (OTCQB: RXMD) ("Progressi...
NextPlat Reports 474% Increase in Consolidated Q2 Revenues to $17 Million and Record 34.2% Quarterly Margins; $70 Million in 2024 Annual Revenues Expected
Additional Healthcare Services Contracts and E-Commerce Expansion Expected to Drive Continued Growth Supported by Approximately $24.9 Million in Cash COCONUT GROVE, Fla. , Aug. 14, 2024 /PRNewswire/ -...
Progressive Care Inc. Announces Second Quarter 2024 Revenues of $13.5 Million, an Increase of 17% as Gross Margin Expands to 35%
41% Growth in 340B Contract Service Revenue and Momentum in Prescription Volumes Drive Positive Cashflow from Operations MIAMI , Aug. 14, 2024 /PRNewswire/ -- Progressive Care Inc. (OTCQB: RXMD) ("Pro...
Global Telesat Begins Sales of SpaceX's Starlink as Authorized Reseller Through Joint Venture Agreement with Pivotel Solutions Inc. (dba Pulsar)
Joint Venture Expands Global Telesat's Portfolio of Satellite-Based Connectivity Solutions with Starlink's Low Earth Orbit (LEO) Network COCONUT GROVE, Fla. , May 20, 2024 /PRNewswire/ -- NextPlat Cor...
Progressive Care Inc. Announces Record First Quarter 2024 Revenues of $14.6 Million, an Increase of 28% Over First Quarter 2023 Results
340B Contract Service Revenue Grows 110% as New Contract Momentum Continues MIAMI , May 15, 2024 /PRNewswire/ -- Progressive Care Inc. (OTCQB: RXMD) ("Progressive Care" or the "Company"), a personaliz...
NEXTPLAT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of NextPlat Corp - NXPL
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of NextPlat Corp ...
RXMD Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Progressive Care Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Progressive Care Inc. (OTCQB: RXMD) and NextPlat Corp is fair to Progressive shareholde...
NextPlat Announces Proposed Business Combination with Progressive Care Inc.
Transaction Expected to Provide Revenue Synergies and Significant Initial Annual Operating Cost Reductions COCONUT GROVE, Fla. and MIAMI , April 12, 2024 /PRNewswire/ -- NextPlat Corp (NASDAQ: NXPL, N...
NextPlat Reports Consolidated Year-End 2023 Results with Increased Revenues of $37.8 Million, Record Annual Margins of 30% and $26.3 Million in Cash
Company Expands Healthcare and Technology Focus Through the Launch of its E-Commerce Development Program with Alibaba's Tmall Global and Strategic Investment in Progressive Care Inc. COCONUT GROVE, Fl...
Progressive Care Inc. Announces Record Full Year 2023 Results with Revenues of $49.7 Million, an Increase of 22% with Annual Gross Margins of 30%
Results Driven by 17% Increase in Pharmacy Prescription Revenue and Over 136% Growth in 340B Contract Services Revenue MIAMI , April 11, 2024 /PRNewswire/ -- Progressive Care Inc. (OTCQB: RXMD) ("Prog...
NextPlat Expands North American Technology E-Commerce Business with Acquisition of Outfitter Satellite Inc.
Accretive Acquisition to More Than Double North American Technology E-Commerce Product Sales and Recurring Revenue through Consumer, Commercial and Government Customer Sales COCONUT GROVE, Fla. , Marc...
Progressive Care's PharmcoRx Pharmacies Expands Medicare Advantage Over-the-Counter Benefits Acceptance Program Through New Agreement with ProHealth Connect
Program Expands PharmcoRx 's Ability to Provide Patient Access to Supplemental Health Insurance Benefits for the In-Pharmacy Purchase of Over-the-Counter Products MIAMI, Dec. 14, 2023 /PRNewswire/ -- ...
PharmcoRx Pharmacy Launches Mark Cuban Cost Plus Drug Program Expanding Its In-Pharmacy Offerings
MIAMI , Nov. 27, 2023 /PRNewswire/ -- PharmcoRx Pharmacy, a wholly-owned subsidiary of Progressive Care Inc (OTCQB:RXMD), today announced its expansion of in-pharmacy offerings through an agreement wi...
Progressive Care's PharmcoRx Enters into Agreement with NationsBenefits to Offer Enhanced OTC Benefits to Health Plan Members
Latest OTC Program Expands PharmcoRx Pharmacy's Ability to Provide Patients with Access to Additional Healthcare Benefits Covered by Medicare Advantage Plans MIAMI , Nov. 20, 2023 /PRNewswire/ -- Prog...
Progressive Care Inc. Announces Record Third Quarter 2023 Revenues of $12.4 Million, an Increase of 22%, as Gross Margins Improve to 31% Over Third Quarter 2022 Results
MIAMI , Nov. 14, 2023 /PRNewswire/ -- Progressive Care Inc. (OTCQB: RXMD) ("Progressive Care" or the "Company"), a personalized healthcare services and technology provider, today announced financial r...
Progressive Care Inc. Announces Record Second Quarter 2023 Results with Revenues of $11.6 Million and Gross Margins of 31%
MIAMI, FL, Aug. 14, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology provider, ...
Progressive Care Inc. Announces First Quarter 2023 Financial Results and Record Quarterly Revenues of $11.4 Million
MIAMI, FL, May 12, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology provider, ...
Progressive Care Inc. Announces Additional $1 Million Investment From NextPlat Corp.
MIAMI, FL, May 11, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology provider, to...
Progressive Care Inc. Announces 2022 Annual Financial Results; $40.6 Million Total Revenue
MIAMI, FL, April 03, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology provider, ...
Progressive Care, Inc. Announces Reverse Stock Split and Will Trade Under Temporary Symbol RXMDD
Miami, FL, Dec. 30, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Progressive Care Inc. (OTCQB: RXMD and RXMDD):
NextPlat Expands Executive Leadership Team with the Hiring of Cecile Munnik, CPA/CA, as Chief Financial Officer and Robert Bedwell as Chief Compliance Officer
COCONUT GROVE, FL / ACCESSWIRE / December 5, 2022 / NextPlat Corp (NASDAQ:NXPL, NXPLW) ("NextPlat" or the "Company"), a global e-commerce provider today announced that it has expanded its executive le...
UPDATE: Progressive Care Reports Third Quarter 2022 Financial Results and Appointment of Charles M. Fernandez as New Chief Executive Officer
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Progressive Care Reports Third Quarter 2022 Financial Results and Appointment of Charles M. Fernandez as New Chief Executive Officer
Open web version
Progressive Care Announces Shareholder Conference Call and Business Update on November 14, 2022
MIAMI, FL, Nov. 08, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Progressive Care Inc. (OTCQB: RXMD), a personalized healthcare services and technology company (the “Company” or “Progressive Care”), i...
Progressive Care Launches Native Remote Patient Monitoring Mobile App and Physician Portal to Remotely Manage Chronic and Transitional Care
MIAMI, FL, Nov. 01, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is...