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Progressive Care, Inc. Company Snapshot
Progressive Care, Inc. operates in the Drug stores and proprietary stores sector. In addition to historical fundamental analyses, the complete report available to purchase compares Progressive Care with three other drug stores in North America: Automodular Corp of CANADA (2020 sales of 75.14 million Canadian Dollars [US$61.79 million] of which 81% was Product sales), Inc ($17.18 million ), and 4Front Ventures Corp which is based in CANADA (77.19 million Canadian Dollars [US$63.47 million] of which 87% was THC Cannabis).

Sales Analysis. During the fourth quarter of 2020, sales at Progressive Care totalled $9.94 million. This is a drop of 3.6% from the $10.31 million in sales at the company during the fourth quarter in 2019. This was the biggest quarterly decline in sales at Progressive Care in the previous 21 quarters. Progressive Care reported sales of $38.94 million for the year ending December of 2020. This represents an increase of 19.3% versus 2019, when the company's sales were $32.63 million. Sales at Progressive Care have increased during each of the previous five years (and since 2015, sales have increased a total of 185%). Sales of 340b Contract Revenue saw an increase that was more than double the company's growth rate: sales were up 323.1% in 2020, from $670,513.00 to $2.84 million. Not all segments of Progressive Care experienced an increase in sales in 2020: sales of Rent Revenue fell 67.1% to $13,136.00 . (However, this segment's sales were only a very small portion of the company's overall sales).
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Progressive Care, Inc.
  Stock Performance Chart for Progressive Care, Inc.
  Stock Data: Recent Stock Performance:
  Current Price (6/11/2021): .05
(Figures in U.S. Dollars)
1 Week -8.0%   13 Weeks -28.4%  
4 Weeks -58.6%   52 Weeks 25.1%  
Progressive Care, Inc. Key Data:
  Ticker: RXMD Country: United States
  Exchanges: OTC Major Industry: Food & Drug Retailing
    Sub Industry: Drug Stores & Proprietary Stores
  2020 Sales 38,937,838
(Year Ending Jan 2021).
Employees: 124
  Currency: U.S. Dollars Market Cap: 26,134,322
  Fiscal Yr Ends: December Shares Outstanding: 485,768,076
  Share Type: Common Closely Held Shares:
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