WinstonWınston
Positron Corporation logo

Positron Corporation

POSC
15
Medical - Devices · Healthcare
Price
$1.65
+0.01 (+0.41%)
Market Cap
$23.6M
Winston Score
15
Winston is worried
Weak fundamentals across most pillars.

Share count rising — dilution

+67.9% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 18.4M (2021) → 30.9M (2025)

Positron Corporation is a small medical device company that makes PET (Positron Emission Tomography) imaging systems. PET scanners are machines used in hospitals and clinics to take detailed pictures of the inside of the human body, helping doctors detect diseases like cancer. The company sells its equipment to healthcare providers and medical facilities.

Positron generates revenue primarily through the sale and servicing of its PET imaging hardware. It is a very small company, with a market cap near zero and deeply negative margins, meaning it currently spends far more money than it brings in. The company has no clear competitive moat against much larger medical imaging rivals like GE HealthCare, Siemens, and Philips, which have significantly greater resources and established customer relationships. The central risk for Positron is its financial survival — with losses this severe, the company faces serious challenges securing the capital needed to continue operating.

Winston Score History

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

-18.4% YoY

YoY Growth Rate

Revenue declining

EPS Growth

-402.4% YoY

YoY Growth Rate

Earnings declining

R&D Spend

$0/ year

0.0% of revenue

Below sector average (18%)

Research and development spending

Insider Activity

22.9%ownership

Flat

Insiders holding steady — not selling despite ability to

Cash Runway

~6 months

$3M cash & investments

Quarterly Free Cash Flow

→ Burn rate stable

Short runway — potential dilution ahead through share issuance

Cash watch

Positron Corporation has less than a year of cash at its current burn rate. Growth investors should watch for potential share dilution from future fundraising — that directly reduces your ownership.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin
-1187.5%
Thin — -1187.5% gross margin
Operating Margin
-6215.3%
Losing money on operations — -6215.3%
ROCE
-213.1%
Weak — -213.1% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY
-9.5%
Shrinking sales (-9.5% YoY)
EPS YoY
N/A
Data not available
EPS Consistency
0/8 quarters
Earnings rarely grow — volatile business

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion
N/A
Data not available
FCF Margin
-855.4%
Burning cash (-855.4%)

Free cash flow is negative. They are burning cash, not generating it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity
1.24
Elevated debt (1.24)
Interest Cover
N/A
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio (TTM)
N/M
Negative earnings — P/E not meaningful
P/E vs Forward
N/A
not available
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial