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StockVS

TSX · Diagnostics & Research · CAD

Spectral Medical Inc. (EDT.TO) Stock Analysis

Spectral Medical Inc. (EDT.TO) is a Diagnostics & Research stock listed on TSX and quoted in Canadian Dollar.

Last Updated: October 21, 2026

EDT.TO

CA$1.09

−CA$0.01 (−0.91%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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EDT.TO Key Statistics

As of Oct 21, 2026
Trading
Open
CA$1.10
Previous Close
CA$1.10
Day's Range
1.07–1.10
52-Week Range
1.03–1.61
Volume
13.51K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.22
Valuation
Market Cap
CA$319.97M
P/E Ratio
unprofitable
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
54.50
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
124.55
EPS (ttm)Profit attributable to each share over the last twelve months.
−0.12
Financials (FY)
Revenue (FY)
CA$2.44M+6.82%
Net Income (FY)
−CA$47.69M
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
293.55M
1-Year Return
−28.76%
Dividend and dates
Earnings Date
November 6, 2026estimated
Avg Volume
53.06K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, EDT.TO closed at CA$1.09, −28.76% over 1 year.

Spectral Medical Inc. (EDT.TO) has a market capitalization of CA$319.97M.

In fiscal 2025, EDT.TO reported revenue of CA$2.44M.

EDT.TO Stock Return by Calendar Year

Spectral Medical Inc. (EDT.TO) 10-year return: what CA$10,000 became

1 year
CA$10,000 CA$7,124
−28.76%
5 years
CA$10,000 CA$36,333
+263.33%
10 years
CA$10,000 CA$38,929
+289.29%

If you had invested CA$10,000 in Spectral Medical Inc. (EDT.TO) 10 years ago, at the close on October 21, 2016, it would have been worth CA$38,929 at the close on October 21, 2026: +289.29% in total, +14.56% a year. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−24.31%
2025+188.00%
2024+17.65%
2023+14.86%
2022+68.18%
2021−45.68%
2020−43.75%
2019+152.63%
2018−25.00%
2017+38.18%
2016 (partial year)−77.27%

As of October 21, 2026.

EDT.TO Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025CA$2.44M−CA$47.69M−1,953.0%
2024CA$2.29M−CA$15.40M−673.8%
2023CA$1.60M−CA$15.66M−980.1%
2022CA$1.67M−CA$11.28M−676.7%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025CA$2.44MCA$1.33M−CA$11.69M−CA$47.69M−1,953.0%
2024CA$2.29MCA$713.00K−CA$12.00M−CA$15.40M−673.8%
2023CA$1.60MCA$662.00K−CA$8.45M−CA$15.66M−980.1%
2022CA$1.67MCA$983.00K−CA$6.05M−CA$11.28M−676.7%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

EDT.TO Valuation vs Diagnostics & Research Median

Median of 45 stocks
MetricEDT.TODiagnostics & Research medianvs median
P/S ratio124.555.2323.8x the median

Medians across 45 Diagnostics & Research stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Analysis

Data-derived

Company Overview

Spectral Medical Inc. (EDT.TO) is capitalised at CA$319.97M on the latest close. The company sits in the Healthcare sector, in the Diagnostics & Research industry. Headcount on file is 29.

The most recent close on file for EDT.TO is CA$1.09, dated October 21, 2026. That is −CA$0.01 (−0.91%) against the previous close. The 52-week range on file runs from CA$1.03 to CA$1.61. The latest close sits 5.83% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of CA$2.44M. Against the prior fiscal year total of CA$2.29M, that is a change of +6.82%. The same year closed with a net loss of CA$47.69M. Trailing earnings per share are −0.12.

Across the 4 fiscal years on file, revenue moves from CA$1.67M in 2022 to CA$2.44M in 2025. Of those 4 years, 0 report positive net income.

Valuation Assessment

No trailing P/E applies: the last reported earnings figure is negative. The forward P/E on file is 54.5. Measured against sales, the shares trade at 124.55 times revenue. On price-to-sales that is 23.8 times the Diagnostics & Research median of 5.23. The medians here are taken across 45 Diagnostics & Research companies that report the metric.

Over the trailing twelve months the total return is −28.76%. Measured over 10 years, that is +14.56% a year compounded. Beta against the wider market is reported at 0.22. Daily returns over the trailing 10 years annualize to a volatility of 69.4%.

Growth & Income

The record shows no dividend for EDT.TO.

2026 is still running; the total return is −24.31% year to date. The strongest complete calendar year on file is 2025 at +188.00%; the weakest is 2021 at −45.68%. Of the 9 complete calendar years on file, 6 finished higher.

Peer Comparison

Spectral Medical Inc. (EDT.TO) operates in the Diagnostics & Research industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Spectral Medical Inc. EDT.TO CA$319.97M —
Thermo Fisher Scientific Inc. TMO $256.61B 37.4
Danaher Corporation DHR $164.40B 41.7
Natera, Inc. NTRA $59.59B —

Market caps are shown in each company's own trading currency, without conversion, and the peers are listed in order of these unconverted figures.

The Diagnostics & Research industry average P/E ratio is 37.6x. Spectral Medical Inc. has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Spectral Medical Inc.

Spectral Medical Inc. focuses on the development and commercialization of products for the treatment of septic shock in the United States, Italy, Ireland, Russia, and internationally. The company markets Endotoxin Activity Assay, a rapid in-vitro diagnostic test for the detection of components of gram negative; and Polymyxin B-Hemoperfusion, a therapeutic hemoperfusion device that removes endotoxin from the bloodstream. It also develops, manufactures, and markets monoclonal and polyclonal antibodies, recombinant cardiac proteins, antibodies, and calibrators for use in the research and development, as well as products that are manufactured by other diagnostic companies. The company was formerly known as Spectral Diagnostics Inc. and changed its name to Spectral Medical Inc. in December 2014. Spectral Medical Inc. was incorporated in 1991 and is headquartered in Toronto, Canada.

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