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MARKETS / BALCAO / MCUJF
BALCAO · PHARMACEUTICAL PREPARATIONS · SMALL CAP

Medicure Inc. MCUJF

10 fiscal years on record · CAD · FY2024 reported · SEC filings only
CAD 21.9M
▲ 1.0% YoY
CAD -1.0M
CAD 638,000
▼ 64.7% YoY
In brief

What this company does

Medicure is a company focused on the development and commercialization of pharmaceuticals and healthcare products for patients and prescribers in the United States market and sales to the Retail Public of pharmaceutical products. On December 22, 1999, the Company was formed by the amalgamation of Medicure Inc. with Lariat Capital Inc. pursuant to the provisions of the Business Corporations Act (Alberta). ZYPITAMAG® contributed revenue of $6.5 million ($2.8 million through the traditional insured channels, and an additional $3.7 million through Marley Drug) to the Company for the year ended December 31, 2025, an increase from the prior year, where ZYPITAMAG® provided total revenue of $6.2 million ($3 million through the traditional insured channels, and an additional $3.2 million through Marley Drug) to the Company during the year ended December 31, 2024. As at December 31, 2025, the Company had use of approximately 10,500 square feet.

Written from the business description in Medicure Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 24 April 2026. Every sentence was checked against that document before publication.

Growth
CAD 21.9M
Revenue, FY2024 · full 10-year series below
Revenue CAD M Net income CAD M
FY2024 · Revenue 21.9 · Net income -1.0
20M40M-8M-16M2015201620172018201920202021202220232024
Compound annual growth
+0.2%
+1.7%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +1.7% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−5 cents
lost on every revenue dollar
Operating margin Net margin
FY2024 · Operating — · Net -4.7%
50%100%150%-50%2015201620172018201920202021202220232024
ROE
FY2018 · ROE 4.9%
20%40%60%2015201620172018201920202021202220232024

Cash & shareholders
returned in FY2024 · dividends + net buybacks
Free cash flow CAD M
FY2024 · FCF 0.6
8M16M-10M-20M2015201620172018201920202021202220232024
Net buybacks CAD M Dividends CAD M
FY2022 · Dividends — · Net buybacks 0.0
2M4M2018201920202022

Total assetsCAD 29.7M
CashCAD 7.2M
Current ratio1.89×

Not available: we don't have the total debt figure for this period.

The 10-year record
10 fiscal years
Every figure from documents filed with the SEC · CAD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2024202320222021202020192018201720162015
Revenue CAD B0.00.00.00.00.00.00.00.00.00.0
Operating income CAD B······−0.00.00.00.0
EBITDA CAD B······−0.00.0··
Income tax CAD B−0.0−0.0−0.00.00.00.00.0−0.00.00.0
Net income CAD B−0.0−0.00.0−0.0−0.0−0.00.00.00.00.0
Free cash flow CAD B0.00.00.00.0·−0.0−0.00.0··
EPS, diluted CAD −0.10−0.090.13−0.07−0.64−1.320.242.391.560.11
Dividend / sh CAD ··········
Payout %··········
ROE %······4.974.374.6·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

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Provenance
Company facts, as filed
How we verify · 0 failures · 1 divergences in 48 reconciliationsAUDITED

Reconciled in 9 of 19 fiscal years. 1 of those reconciliations are divergences — the figures exist but don't fit the formula this check expects; that isn't the same as an error. 47 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures1 divergent
ActivityPharmaceutical Preparations
Listed onOTC market
Incorporated inoutside the United States — SEC code A2
Fiscal year endsDecember 31
Data on record since2015

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