CareRx Overview

  • Year Founded
  • 2001

Year Founded

  • Status
  • Public

  • Employees
  • 1,685

Employees

  • Stock Symbol
  • CRRX

Stock Symbol

  • Investments
  • 28

  • Share Price
  • $1.73
  • (As of Wednesday Closing)

CareRx General Information

Description

CareRx Corp is a provider of specialty pharmacy services to seniors. The company is a national organization with a large network of pharmacy fulfilment centers strategically located across the country. This allows it to deliver medications in a timely and cost-effective manner and quickly respond to routine changes in medication management. It takes an active role in working with its home operator partners to promote resident health, staff education, and medication system quality and efficiency. The Company has one reportable segment which consists of the Company-owned and operated institutional pharmacy business. Geographically it derives revenue from the sales of goods and capitated service fees in Ontario and Western Canada.

Contact Information

Website
www.carerx.ca
Formerly Known As
Active Health, Work Able Centres, Centric Health
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Pharmaceuticals
Other Industries
Hospitals/Inpatient Services
Other Pharmaceuticals and Biotechnology
Stock Exchange
TSE
Corporate Office
  • 320 Bay Street
  • Suite 1200
  • Toronto, Ontario M5H 4A6
  • Canada
+1 (647) 000-0000

CareRx Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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CareRx Stock Performance

(As of Wednesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$1.73 $1.76 $0.80 - $1.78 $104M 59.9M 17.8K -$0.04

CareRx Financials Summary

In Thousands,
USD
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 159,099 142,148 176,632 264,433
Revenue 273,514 274,527 292,976 209,389
EBITDA 18,061 17,323 (682) 4,857
Net Income (2,796) (4,002) (26,366) (18,122)
Total Assets 168,763 174,803 194,912 221,813
Total Debt 71,946 73,771 99,635 103,082
Public Fundamental Data provided by Morningstar, Inc. disclaimer

CareRx Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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CareRx Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
CareRx Corp is a provider of specialty pharmacy services to seniors. The company is a national organization with a large
Pharmaceuticals
Toronto, Canada
1,685 As of 2023
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Toronto, Canada
0000 As of 0000
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000000000000 (000000
Markham, Canada
000 As of 0000
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CareRx Competitors (3)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Neighbourly Pharmacy Private Equity-Backed Toronto, Canada 0000 00000 0000000 0000 00000
Medical Pharmacies Group Private Equity-Backed Markham, Canada 000 000000&0
Tenet Healthcare Corporation Dallas, TX 000000 000.00 000000000 00 000.00
You’re viewing 3 of 3 competitors. Get the full list »

CareRx Patents

CareRx Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
CA-3042058-A1 System and method for dispensing medication Pending 02-May-2019 0000000000

CareRx Executive Team (20)

Name Title Board Seat
Puneet Khanna President, Chief Executive Officer and Board Member
Andrew Mok Chief Financial Officer
Davide Pernarella Interim Chief Financial Officer
Paul Rakowski General Counsel, Legal & Senior Vice President
Travis Featherstone Vice President
You’re viewing 5 of 20 executive team members. Get the full list »

CareRx Board Members (19)

Name Representing Role Since
00000 00000 CareRx Board Member 000 0000
00000 00000000 CareRx Board Member 000 0000
00000 000000 CareRx Chairman & Board Member 000 0000
00000 00000000 Self Board Member 000 0000
000000 000000 CareRx President, Chief Executive Officer and Board Member 000 0000
You’re viewing 5 of 19 board members. Get the full list »

CareRx Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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CareRx Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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CareRx Investments & Acquisitions (28)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
CareRx Hogan 30-May-2022 0000000000 00.000 Other Healthcare Services 00000 000
Medical Pharmacies (Long-Term Care Pharmacy Division) 23-Aug-2021 0000000000 000.00 Elder and Disabled Care 00000 000
Rexall Pharmacy Group (Long-Term Care Pharmacy Business in Ontario and Northern Alberta) 21-Jun-2021 0000000000 00.000 Other Pharmaceuticals and Biotechnology
Smartmeds Pharmacy 01-Apr-2021 0000000000 00.000 Other Healthcare Services 00000 000
Remedy'sRx 07-May-2020 Merger/Acquisition 000.00 Specialty Retail 00000 000
You’re viewing 5 of 28 investments and acquisitions. Get the full list »

CareRx Subsidiaries (2)

Company Name Industry Location Founded
CareRx Hogan Other Healthcare Services Cambridge, Canada 2015
Lifespan Health & Wellness (Two Divisions) Elder and Disabled Care Whitby, Canada 0000
To view CareRx’s complete subsidiaries history, request access »

CareRx ESG

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

Rank

Percentile

Healthcare

Industry

Rank

Percentile

Medical Facilities

Subindustry

Rank

Percentile

To view CareRx’s complete esg history, request access »

CareRx Exits (6)

Company Name Exit Date Exit Type Exit Size Status Buyers
AceAge 30-Sep-2018 000000000 00000 Completed
  • 000000
AceAge 14-Aug-2017 000000000 000 Completed
  • 000000
SmartShape Weight Loss Centre 02-Dec-2013 000000000000000000 00.000 Completed
  • 000000
Global Clinic Norwich 03-Dec-2012 0000000000 Completed
  • 2 buyers
Motion (Canada) 13-Feb-2012 Merger/Acquisition Completed
You’re viewing 5 of 6 exits. Get the full list »

CareRx FAQs

  • When was CareRx founded?

    CareRx was founded in 2001.

  • Who is the CEO of CareRx?

    Puneet Khanna is the CEO of CareRx.

  • Where is CareRx headquartered?

    CareRx is headquartered in Toronto, Canada.

  • What is the size of CareRx?

    CareRx has 1,685 total employees.

  • What industry is CareRx in?

    CareRx’s primary industry is Pharmaceuticals.

  • Is CareRx a private or public company?

    CareRx is a Public company.

  • What is CareRx’s stock symbol?

    The ticker symbol for CareRx is CRRX.

  • What is the current stock price of CareRx?

    As of 17-Jul-2024 the stock price of CareRx is $1.73.

  • What is the current market cap of CareRx?

    The current market capitalization of CareRx is $104M.

  • What is CareRx’s current revenue?

    The trailing twelve month revenue for CareRx is $274M.

  • Who are CareRx’s competitors?

    Neighbourly Pharmacy, Medical Pharmacies Group, and Tenet Healthcare are competitors of CareRx.

  • What is CareRx’s annual earnings per share (EPS)?

    CareRx’s EPS for 12 months was -$0.04.

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