Navigation Links
Cord Blood America Announces 2013 Third Quarter Financial Results
Date:11/14/2013

LAS VEGAS, Nov. 14, 2013 /PRNewswire/ -- Cord Blood America, Inc. (www.cordblood-america.com) (OTC Bulletin Board: CBAI) ("CBAI" or the "Company") today announced financial results for the quarter ended September 30, 2013.

Third Quarter and YTD 2013 Highlights from Continuing Operations

  • Third quarter recurring revenues increased  8% to $684,374 compared to the year ago period.
  • Cash provided by operations increased 247% to $333,034 for the nine months ended September 30, 2013. This compares with the loss of $227,064 in the year ago period.
  • Cash balance increased $201,484 from the beginning of 2013 to $595,316 or 52%.
  • EBITDA from US Operations increased 33% in the third quarter to $160,660 compared to $120,311 in the year ago period.
  • "During the third quarter we continued to see our core US operations, which accounts for approximately 65% of our revenue, drive strong EBITDA growth from the increasing base of recurring revenue now totaling approximately $600,000.  This has allowed us to make significant increases in our marketing initiatives, targeting high ROI programs to drive future growth.  This also correlates to our new cord tissue product offering we launched earlier this year in which we saw approximately 58% of customers in the third quarter store both the traditional cord blood and cord tissue, increasing future annual recurring storage revenue by 56% per customer," said Joseph Vicente, President of CBAI.
    Mr. Vicente continued, "BioCells located in Argentina, continues to see inflationary pressures with costs up 15% year over year.  The number of units processed remain steady which continues to grow our recurring base and a concentrated effort to expand our margins t
    '/>"/>

    SOURCE Cord Blood America, Inc.
    Copyright©2012 PR Newswire.
    All rights reserved

    Page: 1 2 3

    Related biology technology :

    1. FindTheBest Helps Parents Find Cord Blood Banks
    2. Cord Blood America Announces DTCC Removes "Chill" Imposed in December 2010
    3. China Cord Blood Corporation to Report Second Quarter and First Half of Fiscal 2012 Financial Results
    4. GenWay Biotech Launches New Cardiovascular Diagnostic Blood Test at American Heart Association Scientific Sessions 2011
    5. Study finds chronic abnormal brain blood flow in Gulf War veterans
    6. China Cord Blood Corporation Announces Results of 2011 Annual General Meeting
    7. Cord Blood America Announces Exclusive Agreement With National Childrens Leukemia Foundation to Store Stem Cells
    8. Stem Cells: Worldwide Markets for Transplantation, Cord Blood Banking and Drug Development
    9. NxStage Extends Agreement to Supply Streamline Bloodlines, MasterGuard and Buttonhole Needle Technology to B. Braun
    10. Quest Diagnostics STRATIFY JCV™ First FDA Market Authorized Antibody-based Blood Test to Help Stratify PML Risk in Multiple Sclerosis Patients
    11. Improved Cord Blood Processing Research on BioLife Solutions CryoStor® Published in TRANSFUSION
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:11/26/2014)... The announced sales of three healthcare units ... to expand in non-healthcare areas, says Kalorama Information. Siemens ... firm says that  Siemens is the third largest company ... the IVD market , with 5.5 billion in IVD ... would likely affect IVD market shares.  ...
    (Date:11/26/2014)... The ETC (Emerging Technology Centers) ... announced today that applications for AccelerateBaltimore™ (AB) 2015 ... you have a big idea?,” asked ETC’s President ... about it. AccelerateBaltimore helps you and your big ... 13 weeks.” Interested game changers with “big ...
    (Date:11/26/2014)... (PRWEB) November 25, 2014 Silicon Valley ... forces with RPM Alliance , provider of clinical ... companies. With the latest addition to its CRO Partnership ... validated EDC system to India. , “We have ... robust and customizable EDC platform which is both user ...
    (Date:11/26/2014)... November 25, 2014 Miles Holder, formerly ... the Graphel Carbon Products team as Sales/Marketing Manager. Mr. ... and customer service for the graphite industry. , “We ... our team,” stated Dave Trinkley, VP of Market and ... range of experience in the graphite industry, along with ...
    Breaking Biology Technology:Kalorama: Sale of Three Siemens Healthcare Units Raises Questions About Firm's IVD Future 2AccelerateBaltimore Applications to Close in 6 Days 2AccelerateBaltimore Applications to Close in 6 Days 3RPM Alliance Joins Clinovo’s CRO Partnership Program, Further Strengthening Its Presence in Southern California and India 2Miles Holder Joins Graphel Corporation as Sales/Marketing Manager 2
    ... Consistent,Electronic Health Record for All Citizens Using City ... GREAT RIVER, N.Y., Oct. 16 Netsmart Technologies, ... for health and,human services organizations, today announced it ... contract by the City and County of San,Francisco, ...
    ... access to advanced gene-sequencing,technologies and gives new hope ... 16 Swedish Neuroscience,Institute (SNI) today announced that ... Hill Campus, the Center for Advanced Brain Tumor,Treatment ... patients diagnosed,with both benign and malignant brain tumors. ...
    ... Phase 3 CAPACITY Program - ... rate in CAPACITY -, BRISBANE, Calif., Oct. 16 ... 16, 2008, the Japanese,Ministry of Health, Labor and Welfare (MHLW) ... Ltd. to market pirfenidone,for the treatment of patients with idiopathic ...
    Cached Biology Technology:Netsmart Technologies Selected by City and County of San Francisco to Provide Integrated Behavioral Healthcare Software System 2Netsmart Technologies Selected by City and County of San Francisco to Provide Integrated Behavioral Healthcare Software System 3Swedish in Seattle Unveils State-of-the-Art Brain Tumor Center Combining Advanced Treatment With Innovation in Research 2Swedish in Seattle Unveils State-of-the-Art Brain Tumor Center Combining Advanced Treatment With Innovation in Research 3Swedish in Seattle Unveils State-of-the-Art Brain Tumor Center Combining Advanced Treatment With Innovation in Research 4InterMune Reports Japanese Regulatory Approval of Pirfenidone in IPF 2InterMune Reports Japanese Regulatory Approval of Pirfenidone in IPF 3InterMune Reports Japanese Regulatory Approval of Pirfenidone in IPF 4
    (Date:11/21/2014)... REDMOND, Wash. , Nov. 20, 2014 ... access for the Internet of Things (IoT), today announced ... position of chief operating officer. Previously a strategic advisor ... marketing, finance, and operations. Mr. Traynor is based out ... . He reports to Chris Muench , ...
    (Date:11/18/2014)...   News Highlights: ... The Partners Data Lake, an agile data and ... will allow researcher and clinicians to explore and ... lives of patients , The Partners Data ... the Partners system, breaking down physical barriers for ...
    (Date:11/15/2014)...  While we may still be a few years away ... Trek" to gain instant access to all that ailed his ... and tablets for monitoring and measuring our health are cropping ... seem a tad Orwellian to some, but a new survey ... technological opportunities into their healthcare regime. These are ...
    Breaking Biology News(10 mins):C-Labs Names Former Microsoft and Bsquare Executive as Chief Operating Officer 2Partners HealthCare and EMC Unite to Solve Health Care's Toughest Challenges Using Big Data 2Partners HealthCare and EMC Unite to Solve Health Care's Toughest Challenges Using Big Data 3Partners HealthCare and EMC Unite to Solve Health Care's Toughest Challenges Using Big Data 4Partners HealthCare and EMC Unite to Solve Health Care's Toughest Challenges Using Big Data 5Americans May Be Ready for a Brave New World of Healthcare 2Americans May Be Ready for a Brave New World of Healthcare 3Americans May Be Ready for a Brave New World of Healthcare 4
    ... 2011 - Genomatix is among the 41 partners of ... as a high impact project within its seventh framework ... data analysis and the development of an intuitive GUI ... within and outside the consortium. "To be part ...
    ... Bickford from the Department of Biological Sciences at the NUS ... in a recent study, provided compelling evidence from scientific literature ... for many different species all over the world. ... had far-reaching effects on the body size of a wide ...
    ... discovered that a gene known as an androgen receptor (AR) ... opposite effects on these diseases. In prostate cancer, the AR ... breast cancer, the AR gene promotes cancer growth when the gene ... AR production ceases in women. What this means is that ...
    Cached Biology News:Study shows unexpected effect of climate change on body size for many different species 2Researchers discover that same gene has opposite effects in prostate, breast cancers 2
    ... Klenow fragment is a proteolytic ... DNA Polymerase I which ... 5 exonuclease activity, but has ... Klenow retains the polymerization fidelity ...
    Mouse monoclonal [HL-37] to HLA DQ1 + HLA DQ3 ( Abpromise for all tested applications)....
    Goat polyclonal to Haptoglobin ( Abpromise for all tested applications). Antigen: Affinity purified human haptoglobin. Entrez GeneID: 3240 Swiss Protein ID: P00738...
    ... This product is expected to ... mammalian species but has not been ... single precipitin line against partially purified ... to react with all forms of ...
    Biology Products: