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CRH Medical Corp (CRH.TO)

CRH.TO on Toronto Stock Exchange

11.20CAD
24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

CRH Medical Corp reports Q4 total revenue $25.8 million
Wednesday, 22 Feb 2017 06:26pm EST 

Crh Medical Corp : Announces 2016 fourth quarter and year-end results . Qtrly total revenue $25.8 million versus $13.9 million .As at december 31, 2016, company had $9.5 million in cash and cash equivalents compared to $3.6 million at end of 2015.  Full Article

CRH Medical reports Q3 revenues of $22.11 mln
Thursday, 27 Oct 2016 07:00am EDT 

CRH Medical Corp : CRH medical announces third quarter 2016 results .Says revenues for three months ended september 30, 2016 were $22.11 million compared to $11.61 million last year.  Full Article

CRH medical posts Q3 rev $22.1 mln
Thursday, 27 Oct 2016 07:00am EDT 

CRH Medical Corp : CRH medical announces third quarter 2016 results . Qtrly total revenue $22.1 million versus $11.6 million .Q3 revenue view $19.9 million -- Thomson Reuters I/B/E/S.  Full Article

CRH Medical Q2 revenue $16.59 mln versus $10.88 mln
Thursday, 28 Jul 2016 07:00am EDT 

CRH Medical Corp : Q2 revenue $16.59 million versus $10.88 million .CRH Medical announces second quarter 2016 results.  Full Article

CRH Medical acquires 51 pct stake of Arapahoe Gastroenterology
Thursday, 30 Jun 2016 08:00am EDT 

CRH Medical Corp : Says has acquired 51 pct ownership of Arapahoe Gastroenterology Anesthesia Associates, LLC . Says purchase price for transaction was funded through a combination of syndicated credit facility with Scotiabank .Says AGAA is expected to generate total annual revenue of $2.6 million.  Full Article

CRH Medical says acquired 51 pct ownership of Austin Gastroenterology Anesthesia Associates, llc
Thursday, 2 Jun 2016 08:00am EDT 

Crh Medical Corp : Completed a new, accretive transaction whereby crh has acquired 51% ownership of austin gastroenterology anesthesia associates, llc .Purchase price for transaction was funded through our scotiabank credit facility and cash on hand.  Full Article

CRH Medical Corporation announces acquisition of Johns Creek Anesthesia
Monday, 4 Jan 2016 08:00am EST 

CRH Medical Corporation:Has completed a new, accretive transaction whereby CRH has acquired 100% ownership of Johns Creek Anesthesia LLC.Purchase price for the transaction was funded with cash on hand.  Full Article

CRH Medical Secures US$33 Mln Credit Facility From Scotiabank; Replaces Existing Debt
Wednesday, 25 Nov 2015 08:00am EST 

CRH Medical Corporation:entered into an agreement with The Bank of Nova Scotia ("Scotiabank") for a US$33M Senior Secured Revolving Credit Facility.The Facility will replace existing debt and will be used to assist in the financing of potential future acquisitions.Facility has initially been used to repay in full CRH's senior secured credit facility with Knight Therapeutics Inc. ("Knight") in the amount of US$22M, and to repay an unsecured subordinated loan to the Bloom Burton Healthcare Structured Lending Fund II in the amount of US$2M.interest rate on the loans repaid was 10% and 12%, respectively.Company's outstanding indebtedness to Crown Capital Partners ("Crown") in the amount of CAD$22.5M will remain in place.CRH plans to use the Facility as a revolving facility, keeping cash balances low to further reduce interest expense. The approximate financing expense savings for 2016 is expected to be US$2.5M.interest for the Facility is calculated using a set formula with a base rate plus 2.5% - 3.0%, depending on the Company's total debt to EBITDA ratio.Under the Facility, using the current base rate, CRH has an expected total interest cost of approximately 3.5% per annum.Facility matures on April 30, 2018 and is self-amortizing with fixed quarterly repayments of approximately 5% of the outstanding balance each quarter.  Full Article

CRH Medical Corp announces majority purchase of Knoxville Gastroenterology Anesthesia Associates
Thursday, 10 Sep 2015 05:27pm EDT 

CRH Medical Corp:Says ompletion of a transaction whereby CRH has acquired 51% ownership of Knoxville gastroenterology anesthesia associates.Consideration for crh's 51% ownership interest of kgaa included combination of cash on hand and 375,612 newly issued common shares of CRH.  Full Article

More From Around the Web

BRIEF-CRH Medical Corp reports Q4 total revenue $25.8 million

* As at december 31, 2016, company had $9.5 million in cash and cash equivalents compared to $3.6 million at end of 2015 Source text for Eikon: Further company coverage: