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Skinvisible Inc   (SKVI)
Other Ticker:  
 
 
Price: $0.6001 $0.03 6.006%
Day's High: $0.8498 Week Perf: -21.04 %
Day's Low: $ 0.57 30 Day Perf: -13.03 %
Volume (M): 0 52 Wk High: $ 0.85
Volume (M$): $ 0 52 Wk Avg: $0.34
Open: $0.57 52 Wk Low: $0.06



 Market Capitalization (Millions $) 3
 Shares Outstanding (Millions) 5
 Employees -
 Revenues (TTM) (Millions $) 0
 Net Income (TTM) (Millions $) -1
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Skinvisible Inc
Skinvisible Inc. is a biotechnology company that specializes in the development and licensing of proprietary polymer-based delivery technologies for various applications within the healthcare and consumer markets. The company focuses on enhancing the delivery of active ingredients for topical and transdermal products, including pharmaceuticals, over-the-counter drugs, and cosmeceuticals.

Skinvisible's technologies enable the effective penetration of active ingredients through the skin, improving their efficacy and allowing for targeted and controlled release. These technologies also offer protection and reduce irritation, providing a superior user experience. The company owns a range of patented technologies, including Invisicare, a versatile polymer delivery system, which can be customized to meet specific product requirements.

Skinvisible collaborates with pharmaceutical and skincare companies to license its proprietary technologies, allowing them to enhance their existing product lines or develop new formulations. The company's partnership model provides revenue streams through upfront fees, royalties, and minimum order commitments.

In addition to its licensing activities, Skinvisible also explores potential opportunities to utilize its technologies in other industries, such as agriculture and veterinary products. By leveraging its expertise in polymer-based delivery systems, the company aims to expand its presence and provide innovative solutions in multiple sectors.


   Company Address: 6320 South Sandhill Road Las Vegas 89120 NV
   Company Phone Number: 433.7154   Stock Exchange / Ticker: SKVI


   

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Skinvisible Inc

Skinvisible Inc Shows Signs of Improvement in Q1 2024 Earnings

Based on the data provided, it is evident that Skinvisible Inc, a company operating in the first quarter of 2024, has experienced some improvements in its financial performance compared to the previous year. However, a closer look at the numbers reveals several concerning aspects that warrant a bearish perspective on the company's future prospects.
Firstly, focusing on the earnings per share (EPS) figures, it is stated that the company decreased its loss per share from $-0.33 to $-0.06 when comparing the first quarter of 2024 to the prior year. While this might initially seem like a positive trend, it is essential to note that the company still reported a loss per share. A loss per share means that the company failed to generate profits and instead experienced a financial decline. This inability to turn a profit is a significant red flag for investors, as it indicates the company's struggles in generating sustainable revenue.







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