Profound Medical

PROF Healthcare Medical Devices

Profound Medical’s revenue for fiscal 2025 (year ended December 2025) was $16.1 million, up 50.7% from fiscal 2024.

Revenue
+85.9%
EPS
+18.8%
Free cash flow
+47.9%
Total debt
+0.71%

Quarter to September 2026, against a year earlier

7.08 0.20 +2.91%
Market cap
$251.3M
P/E
0.0×
Fwd P/E
−7.8×
Dividend yield
—
F-score
4/9
Altman Z
7.27
Beneish M
−2.62
Dividend safety
n/a

Profound Medical (PROF) Piotroski F-score

Alert me on Piotroski F-score

Profound Medical's Piotroski F-score for fiscal 2025 is 4 out of 9: 4 of nine tests of profitability, leverage and efficiency passed, down from 6 in fiscal 2024.

Piotroski F-score, annual

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Annual newest first

Period Piotroski F-score Change (points)
FY2025 4 (2.00)
FY2024 6 3.00
FY2023 3 0.00
FY2022 3 0.00
FY2021 3 —

How fiscal 2025’s score is made up

Test This year Year before Result Points
Positive return on assets (57.64%) (48.72%) Fail 0
Positive operating cash flow (38.21m) (23.45m) Fail 0
Rising return on assets (57.64%) (48.72%) Fail 0
Cash flow above net income 4.36m 4.36m Pass 1
Falling long-term leverage 0.06 0.05 Fail 0
Rising current ratio 12.52 10.52 Pass 1
No new shares issued 30,233,000 24,766,000 Fail 0
Rising gross margin 70.77% 65.89% Pass 1
Rising asset turnover 0.22 0.19 Pass 1
Piotroski F-score Mixed 4

How the Piotroski F-score works

One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.

Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:

7–9Strong — most fundamentals improved
4–6Mixed
0–3Weak — most fundamentals deteriorated

Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.

Piotroski F-score against peers

What Piotroski F-score is

The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.

One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover

The full definition of Piotroski F-score →

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