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Largest HealthTech Public Companies in Canada

Benchmark revenue and EBITDA valuation multiples for public comps like Knight Therapeutics, Vitalhub, Rocket Doctor AI, Diagnos and UniDoc Health.

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Canada
Knight Therapeutics Inc is a specialty and generic drug manufacturing company. The company's principal business activity is focused on developing, acquiring, in-licensing, out-licensing, marketing, and distributing pharmaceutical products, consumer health products, and medical devices in Canada, Latin America and select international markets . The company finances other life sciences companies across the globe in order to generate interest income, strengthen relationships in the life sciences industry, and to secure product distribution rights. Geographically the company generates revenue from Brazil, Colombia, Argentina, Rest of LATAM, Canada, and Other, with the majority revenue generated from the Brazil region.
$6
+44%
$595M
$542M
1.7x
10.2x
Canada
Vitalhub Corp provides technology to Health and Human Service providers, including Hospitals, Regional Health Authorities, Mental Health, Long-Term Care, Home Health, and Community and Social Services. Vitalhub solutions span the categories of Electronic Health Records (EHR), Case Management, Care Coordination, Patient Flow, Operational Visibility, and Mobile Apps. It operates in one segment for its operations related to healthcare information systems in the mental health, long-term care, community health service, and hospital sectors. Geographically, it's available in Canada, the United Kingdom, Australia, the USA, Western Asia, and the Rest of the world, and the majority of the revenue comes from the United Kingdom.
$5
-30%
$328M
$242M
3.1x
12.5x
Canada
Rocket Doctor AI Inc delivers physician-built, AI-powered solutions designed to make high- quality healthcare accessible throughout the entire patient journey. A cornerstone of the company's proprietary technology is the Global Library of Medicine (GLM), a clinically validated decision support system developed with input from hundreds of physicians world-wide. Alongside the GLM and its AI-powered digital health platform and marketplace. The group empowers over 300 MDs to provide care to more than 700,000 patients. Itsproprietary technology software and systems enable doctors to independently launch and manage their own virtual or hybrid in-person practices - improving efficiency, restoring autonomy to MDs, and expanding patient access to care.
$0
--
$40M
$40M
31.1x
(7.5x)
Canada
Diagnos Inc is engaged in the provision of software-based interpretation services to assist health specialists in the detection of diabetic retinopathy. The company provides image analysis services through CARA (Computer Assisted Retinal Analysis). It operates in a single business segment of Healthcare services. The company has a business presence in Canada, United States of America, Mexico, Chile and others. The company's key revenue is derived from Canada.
$0
-16%
$16M
$15M
198.0x
(5.8x)
Canada
UniDoc Health Corp operates in the healthcare services industry and plans to operate telehealth units that contain fully integrated diagnostic tools and will provide patients with the ability to have a live virtual visit with a doctor or other health professional. The company operates in the USA and Canada.
$0
-58%
$7M
$6M
—
(1.4x)
Canada
1933 Industries Inc is a vertically integrated cannabis company. The company is focused on the cultivation and manufacturing of cannabis consumer-branded goods. The Company operates in three segments, referred to as AMA, Infused MFG, and Corporate. AMA is focused on the cultivation and sale of medical and adult-use cannabis products, and Infused MFG is focused on the manufacturing of hemp-derived CBD products. The majority of revenue is generated from the AMA segment. The operations of AMA and Infused MFG are located in the United States. All revenues are earned in the United States.
$0
--
$2M
$13M
1.0x
17.5x
Canada
Levitee Labs Inc is a functional mushroom company, focused on developing and selling high-potency mushroom extract nutraceuticals and supplies and equipment for mushroom cultivation. The company believes, based on a growing body of research, that mushrooms can be an effective way to enhance well-being and potentially treat various kinds of mental and physical health problems. The company's reportable segments are; the Medical services segment, which provides medical treatment; and the Selling products segment which is into buying and selling products. Substantial revenue is generated from Medical services operations.
$0
--
$1M
$3M
—
—
Canada
EvokAI Creative Labs Inc is a medtech artificial-intelligence-powered company. It deploys machine learning models to search medical data and uncover insights to help improve health outcomes, patient experiences, drug development, preclinical and clinical decisions, and provide more accurate diagnoses. EvokAI tailors its AI algorithms across the whole healthcare system, from hospitals, private clinics, research institutions, pharmaceutical companies, and contract research organizations to medical professionals, patients, and healthy individuals aiming at preventing and early detecting any kind of disease and beyond, protecting the aging genome.
$0
-1%
$635K
$1M
—
(0.1x)
Canada
Premier Health Of America Inc is a Canadian Healthtech company that provides a comprehensive range of staffing and outsourced services solutions for healthcare needs to governments, corporations, and individuals. It uses its proprietary platform for the healthcare services sector digital transformation to provide patients with faster, cheaper, and more accessible care services. The Company has two operating segments: the Per Diem segment and the Travel Nurse segment. The majority of its revenue comes from the Travel Nurse segment, which includes the Canadian Health Care Agency, Solution Staffing, Premier Health Nordik, and Solutions Nursing, four subsidiaries that offer their respective services to the federal and provincial governments for nursing and assistance, mostly in remote regions.
$0
--
$604K
$33M
0.4x
(12.3x)
Canada
Binovi Technologies Corp is engaged in the development and commercialization of visual and neuro-cognitive processing products and manufacturing hardware and software for diagnosing and remediating visual perception disorders. The company has three geographical segments; the United States, Canada, and Other. it derives a majority of its revenue from the United States.
$0
--
$3K
$38K
—
—
Median$0-16%$4M$14M2.4x(0.8x)

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