PROF · NASDAQ · Medical - Devices

Profound Medical (PROF)

Commercializes MRI-guided ultrasound platforms for prostate ablation and focused-ultrasound treatment.

$6.83
At close+0.03 (+0.44%)
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Profound Medical Corp.PROFHealth Care

Commercializes TULSA-PRO for MRI-guided ablation of prostate tissue and Sonalleve, an MRI-guided focused-ultrasound platform. Revenue comes from TULSA-PRO capital equipment, single-use devices, and extended-warranty service through existing MRI infrastructure.

TULSA-PRO combines real-time MRI, robotically driven transurethral thermal ultrasound, and closed-loop temperature feedback control to ablate malignant or benign prostate tissue. It supports whole-gland or physician-defined treatment through existing MRI infrastructure.

Sonalleve, acquired from Philips, adds an MRI-guided focused-ultrasound platform to the prostate-centered TULSA-PRO business. It is CE marked for uterine fibroids and palliative treatment of bone-metastasis pain, and is approved in China for non-invasive uterine-fibroid treatment.

Sells TULSA-PRO capital equipment alongside single-use devices and extended-warranty service. U.S. commercialization follows FDA 510(k) clearance, while development and commercialization of both platforms extend globally.

Company facts

CEODr. Arun Menawat
ListedOct 29, 2019
ExchangeNASDAQ
HeadquartersMississauga, ON
CountryCanada
Employees162
CIK0001628808
ISINCA74319B5027

Market cap$247.8M
EPS (ttm)−$0.9900
P/E (ttm)−6.89
ROE-62.5%
P/B4.98
P/S13.06
Dividend yieldDiv yield
Beta1.73vs XLV 0.48

Unavailable right now.

Next report
Nov 12, 2026
in 70 days
EPS estimate
−$0.23
Revenue estimate
$6.9M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported−$0.20−$0.36−$0.52−$0.26−$0.27−$0.19−$0.26Pending
Estimate−$0.31−$0.29−$0.43−$0.38−$0.27−$0.24−$0.22−$0.23
Surprise+35.5%−24.1%−20.9%+31.6%0.0%+20.8%−18.2%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$5.3M$2.6M$2.2M$5.2M$6.0M$5.3M$2.5MPending
Estimate$5.9M$4.7M$4.7M$10.5M$7.7M$4.9M$4.8M$6.9M
Surprise−10.0%−44.1%−53.3%−50.3%−22.0%+10.0%−47.7%
Estimate−$0.23
ReportedDue Nov 12, 2026
Estimate$6.9M
ReportedDue Nov 12, 2026
View details

Debt to equity14.60%
Current ratio645.40%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$2.8M$4.1M$2.6M$2.2M$5.3M$6.0M$5.3M$2.5M
Net income−$9.4M−$5.3M−$10.7M−$15.7M−$8.0M−$8.2M−$7.0M−$9.5M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$10.4M−$8.1M−$11.2M−$13.8M−$8.9M−$7.4M−$7.9M−$11.1M
YoY growth

Balance sheet, Jun 30, 2026Cash & short-term investments $38.3M · Total debt $7.3M · Total assets $62.4M · Shareholders' equity $49.8M

Revenue
$2.5M
Operating income
−$11.1M
Net income
−$9.5M
View details

No dividends on record.

Institutions61 holders · as of Mar 31, 202644.72%16.34M shares
Insiders1 holder · as of May 20, 20251.61%587.1K shares
Otherremainder53.67%19.61M shares

36.53M company shares as of Sep 3, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
FIL LtdInstitution
6.41%2.34M13Fas of Mar 31, 2026
Gagnon Securities LLCInstitution
5.32%1.94M13Fas of Mar 31, 2026
Royce & Associates LPInstitution
3.06%1.12M13Fas of Mar 31, 2026
Timelo Investment Management Inc.Institution
3.05%1.11M13Fas of Mar 31, 2026
Gagnon Advisors, LLCInstitution
2.63%962,18613Fas of Mar 31, 2026
See all 25

13F — a manager's quarterly holdings

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

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