other material
confidence high
sentiment positive
materiality 0.80
Cosmos Health reports H1 2023 adjusted net income $3.01M, issues 2026 guidance of $180M revenue
Cosmos Health Inc.
- H1 2023 Adjusted EBITDA of $3.01M (up 182% YoY) and Adjusted Net Income of $3.01M (up from -$0.09M loss).
- Inaugural 2026 guidance: gross annual revenue exceeding $180M and EBITDA >$20M.
- Completed three acquisitions in 2023: Cana Laboratories, Bikas GP (adds >$10M annual revenue), and ZipDoctor.
- Book value per share >$4 (2.5x current price); unencumbered properties fair value >$12M (>50% market cap).
- CEO Greg Siokas invested >$15M total, ~$850K YTD; share buyback up to $3M started Sept 13.