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Profound Medical Corp.

corporate_fare Company Profile

Profound Medical Corp.

PROF·NASDAQ·Industrial Applications And Services·CIK 0001628808

We are a commercial-stage medical device company focused on developing and marketing AI-powered, MRI-guided, incision-free therapies for ablating diseased tissue using our platform technologies. Our main product, the TULSA-PRO system, integrates real-time MRI, robotically-driven transurethral sweeping action/thermal ultrasound, and closed-loop temperature feedback control to ablate either the entire gland or a physician-defined region of malignant or benign prostate tissue. The TULSA-PRO system has demonstrated effectiveness in clinical and commercial settings for physicians treating prostate diseases, including cancer and benign prostatic hyperplasia ("BPH"). In August 2019, the TULSA-PRO system received FDA clearance as a Class II device in the United States for thermal ablation of prescribed prostate tissue, based on the Company's TACT whole gland ablation pivotal study. It also holds CE Mark approval in the EU for ablation of targeted prostate tissue (benign or malignant) and was approved by Health Canada in November 2019. Our Sonalleve system is CE Marked in the EU for ablation of uterine fibroids and adenomyotic tissue, palliative pain relief for bone metastases, treatment of osteoid osteoma, and management of benign desmoid tumors. The Sonalleve system is also approved in China and South Korea for non-invasive treatment of uterine fibroids. In November 2020, the Sonalleve system received HDE approval from the FDA for treating osteoid osteoma in the extremities. Our systems are designed for use with MRI scanners and are currently compatible with select MRI scanners from Philips, Siemens, and GE Healthcare. We have generated revenues from commercializing our systems in the United States, EU, and Asia.

Profound Medical Corp. (NASDAQ:PROF) is a publicly traded company in the Industrial Applications And Services sector. Wiseek has independently scored 22 items for PROF at importance 7 or higher on its 1–10 market-impact scale.

Recent high-impact activity:

  • Johns Hopkins Hospital Initiates Commercial Use of Profound Medical's TULSA-PRO System for Prostate Cancer
  • Profound Medical Closes $6.45M Private Placement to Fund Growth Initiatives

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
$16.1M
Net Income
-$42.57M
Diluted EPS
$1.41
Op. Cash Flow
-$38.21M
Gross Profit
$11.39M
Operating Income
-$41.25M
Cash & Equivalents
$59.72M
Total Debt
$4.5M
Debt / Equity
0.07×
Net Margin
-264.4%
Shares Outstanding
36.29M sh
Source: 10-K · filed 2026-03-05 · accession 0001104659-26-024153
$5.84
52-week range · as of 2026-08-17 $3.76 – $8.95
Market cap
$213.35M
Volume
67.8K (0.6× avg)
3-mo avg 119.9K
Live data · 2026-10-05 03:35 UTC · Market closed

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feed PROF - Filings & News (Page 2)

PROF
Jan 06, 2026, 1:40 PM EST
Filing Type: 8-K
Importance Score:
7
Price at Filing: $7.53
Real-time Price: $5.84 info
Change: -$1.69 (-22%) info
Market Cap: $213.35M info
PROF
Jan 02, 2026, 8:40 AM EST
Filing Type: 8-K
Importance Score:
7
Price at Filing: $7.87
Real-time Price: $5.84 info
Change: -$2.03 (-26%) info
Market Cap: $213.35M info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets